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Cong glare on crores in job test fee - Sanjay K Jha

-The Telegraph The party accused the govt of either not conducting any tests or not handing out appointment letters in years The Congress has accused the government of collecting hundreds of crores as employment examination fees although it has either not conducted any tests or not handed out appointment letters in years. The Congress on Friday reminded the government that millions of families have been subjected to extreme miseries because of the massive...

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6.1 million youth may lose jobs in India due to Covid-19: ADB-ILO report -Indivjal Dhasmana

-Business Standard Unemployment rate in the country will rise to a staggering 32.5 per cent, but will be higher in Sri Lanka at 37.8 per cent As many as 6.1 million young people (15-24 years) may lose jobs in India in 2020 if the containment of the virus takes six months (roughly till September), says a report by Asian Development Bank (ADB) and International Labour Organisation (ILO). India will be followed by Pakisan,...

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Informal sector workers don’t have the privilege to stay at home & work online in the time of COVID-19

After the outbreak of COVID-19 in China during early January this year and its dissemination globally within a few days, health experts have suggested ways to check its spread exponentially among the rest of the population. In the age of internet connectivity, work-from-home and self-isolation have been advised as solutions to ensure social distancing and avoid large-scale social gatherings. Experts have asked governments and private enterprises to keep people at...

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Falling short of aspirations -Ram Singh

-The Hindu The economic outlook rests on government meeting investment targets and keeping promises made to stakeholders There were many expectations from the Union Budget 2020: that it would reverse the falling growth rate, reduce unemployment and rekindle the animal spirits needed to revive private investment. Does the Budget really hold out the promise on these counts? To answer the question, the Budget can be judged in terms of its effect...

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Budgeting for jobs, skilling and economic revival -Ram Singh

-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unemployment rate at 6.1% (Financial Year 2017-2018) is the highest...

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