-The Telegraph The obsession with economic growth and the stock market hides other important facts about the condition of the economy Every time quarterly or monthly reports of the Indian economy are announced there is a reaction in the media. If the results are worse than the previous ones, then impending doom is forecast. If the results are better than the previous ones, there is unbridled optimism about future economic prospects. Both...
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The spirit of mahua -Diya Kohli
-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...
More »Govt keeps job data close to its chest -Basant Kumar Mohanty
-The Telegraph Two reports, published every 3 months of the Quarterly Employment Survey, not released by the Narendra Modi govt New Delhi: Quarterly employment data considered reliable by even critics of the Narendra Modi government have not been released for this year so far, prompting concern the survey may be discontinued to hide potential warts that hold considerable significance in an election year. Two reports of the Quarterly Employment Survey (QES) are due...
More »'Need for an employment policy to solve jobless growth'
-The Hindu Study: divergence between growth and jobs has risen With higher growth rates not having translated into more jobs and increases in productivity failing to spur a commensurate rise in wages, the government ought to formulate a National Employment Policy that takes these trends into account, the State of Working India 2018, a new study released by Azim Premji University’s Centre for Sustainable Employment, recommends. Confirming the spectre of jobless growth, the...
More »57% of regular Indian employees earn less than Rs. 10,000
-Livemint.com The ‘State of Working India’ report by Azim Premji University shows that the low wage is so evident that people earning Rs. 50,000 or more constitute just 1.6% of the total workforce in India New Delhi: Despite economic growth and gradual formalization of the workforce, low wages and wage growth remain key challenges with 57% of regular employees earning Rs. 10,000 or less a month, a new report published on Tuesday...
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