-Livemint.com Increasing mechanization and stagnant wages might be behind youth unrest in poll-bound Gujarat As Gujarat prepares for assembly polls scheduled at the end of this year, the big question is whether the Bharatiya Janata Party (BJP) would be able to retain the support which Narendra Modi’s leadership guaranteed. The Hardik Patel-led Patidar agitation and Jignesh Mevani-led Dalit protests point towards rising discontent among a section of the youth in the...
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Nothing to cheer about in Indian job market
-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...
More »New IIP series shows severe impact of demonetisation on manufacturing sector -Manas Chakravarty
-Livemint.com In the December-March of 2016-17 period, manufacturing growth was the lowest compared with the same period in the past five years, shows new IIP series The new Index of Industrial Production (IIP) series, with the base revised to 2011-12, tells us that, in the period December-March of 2016-17, manufacturing growth was the lowest compared with the same period in the past five years. This is very likely a result of the...
More »India Exclusion Report 2016 paints a bleak picture of jobs, equality, agriculture
-MoneyControl.com Even as the Indian economy grew, the inequality between the rich and the poor too has widened with drastic fall in jobs and increase in number of landless farmers, the India Exclusion Report 2016 says. Even as the Indian economy grew, the inequality between the rich and the poor, too, has widened with a drastic fall in jobs and increase in number of landless farmers, says the India Exclusion Report...
More »Job offers shrink for IIT graduates, campus hiring falls to 66% this academic year. Here's why -Neelam Pandey
-Hindustan Times The slide in recruitment from what are considered premier technical institutes reflects the possible impact of the economic downturn in India as also globally One of every three IITians graduating this year either didn’t find a suitable job or wasn’t found suitable for a job through campus placement, official data show, pointing to shrinking employment opportunities for India’s large pool of engineering talent. Only 66% of those who made themselves available...
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