-Down to Earth Across the globe, unemployment is growing three times faster among youngsters than among those above 24 years of age The good news is that economies the world over are set to grow. The bad news is that the growth will not be able to check unemployment that has been rising steadily since the 2008 global financial crisis. Over 202 million people were jobless worldwide in 2013, which is 25...
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Urban Poor
-Press Information Bureau (Ministry of Housing and Urban Poverty Alleviation) As per the poverty estimates released by the Planning Commission, the percentage of population below poverty line in urban areas has declined from 25.5% in 2004-05 to 13.7% in 2011-12. This was stated by Dr. (Ms.) Girija Vyas, Minister of Housing & Urban Poverty Alleviation in a written reply to a question in the Lok Sabha today. Dr Vyas stated that the...
More »Between 2010 and 2012, pace of job creation was slowest in a decade -Chetan Chauhan
-The Hindustan Times A sea of young people on a Delhi Metro last week offered a glimpse into the despair within young India. Most had taken the train from Delhi University — a hub of students from across the country — to the heart of the city, to take a test and apply for a job with a national bank. But there were only a few thousand vacancies — and 100,000 youngsters...
More »Punjab agriculture: fresh concerns, forgotten remedies -PPS Gill
-The Hindustan Times A "progressive Punjab agriculture summit", scheduled in SAS Nagar from February 16 to 19 is a welcome step. The event comes close on the heels of an earlier summit on industry. Together, agriculture and industry form a strong fulcrum for Punjab's economic growth and prosperity. However, at present, both are in a grip of crisis; and perhaps unable to face the future challenges/opportunities on their own. It calls for...
More »Between 2000 and 2012, jobs grew by a mere 2% per year -Subodh Varma
-The Times of India As India heads towards a bruising general election, one of the key issues in the minds of both people and political parties is jobs. Big parties and their star campaigners can already be heard harping on the theme. The reason is that the jobs scenario has been decidedly grim for more than a decade. Between 2000 and 2012, jobs have increased at an abysmal rate of just 2.2%...
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