-The Indian Express The overall employment in the eight sectors had seen an addition of 77,000 workers in April-June 2016 and an increase of 1.85 lakh workers in January-March 2017. Manufacturing sector recorded a loss of 87,000 jobs in April-June 2017 as against a decline of 12,000 jobs in the corresponding period in the previous year, the sixth round of Quarterly Employment Survey released by Labour Bureau showed. The overall employment in...

-The Hindu Business Line New Delhi: The government, which has very little to show so far as achievement on its ambitious plan of doubling farmers’ income by 2022, is organising a two-day brainstorming meet of various stake-holders, including farmers and farmer bodies. The national conference, scheduled from Monday, would be attended by Prime Minister Narendra Modi, apart from his cabinet colleagues and top government officials. According to SK Pattanayak, Union Agriculture Secretary, the...

  The declining trend in organized sector employment (i.e. in establishments employing 10 or more workers) continued in the first quarter of 2017-18. The sixth round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st July, 2017), which was released in February this year, confirms this. The Labour Bureau’s latest report says that the net number of jobs created in the 8 major sectors of the Economy was...

-The Hindu Business Line Bankers call for a coordinated approach to deal with the stressed loans issue New Delhi: The RBI’s revised framework for stressed loans may prove to be disastrous and seems ill timed for an Economy that is just recovering from twin policy blows of demonetisation and GST implementation. Though there are long-term benefits of administering such a bitter pill, the short-term risks are significant, say bankers. “This (revised NPA framework) is...

-Business Standard EPFO data given to non-government researchers for the first time. EPFO was unaware of the access The study that claimed 7 million people would be added to the payroll in 2017-18 was triggered by the Prime Minister’s Office (PMO), which had asked the NITI Aayog last October to give “quick indicators for direct or indirect reflections on employment data” to be able to arrive at “desired trends in employment at...