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Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik

-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...

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Why the Rise in Workforce Participation During the Pandemic Points to Distress Employment -Shiney Chakraborty, Priyanka Chatterjee and Mitali Nikore

-TheWire.in Although COVID-19 had disrupted economic activity, the workforce participation rate in the last four years has gone up, significantly driven by rural women's employment. The annual Periodic Labour Force Survey (PLFS), first launched in 2017, is one of the only official sources of employment data in the country. Marred by disruptions, the results of the last two surveys (2019-20 and 2020-21) have been eagerly awaited to understand the impact of the...

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Our employment data should be interpreted cautiously -Himanshu

-Livemint.com This is the fourth report in the PLFS data series and offers information on both employment and unemployment for rural as well as urban areas. Earlier this week, India’s ministry of statistics and programme implementation released the annual report of the Periodic Labour Force Survey (PLFS) for the reference period July 2020 to June 2021. This is the fourth report in the PLFS data series and offers information on both employment...

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PM Narendra Modi directs recruitment of 10 lakh people on mission mode in 1.5 years

-PTI/ The Telegraph The government's decision comes amid the opposition's frequent criticism of it on the issue of unemployment New Delhi: Prime Minister Narendra Modi has asked various government departments and ministries to undertake the recruitment of 10 lakh people on a "mission mode" in the next year and a half, his office said on Tuesday. The direction from Modi came following a review of the status of human resources in all government...

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Poor Economics: Has India’s poverty really fallen? -Santosh Mehrotra & Jajati Parida

-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free rations of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...

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