-The Hindu Business Line While data from CMIE and EPFO present a contrasting picture, jobs in the unorganised sector continue to be difficult to assess Employment data in India have always been controversial as the concept per se is quite nebulous. While corporate data on Employment is foolproof as the headcount is known and revealed in annual reports, the same cannot be said about the non-corporate sector. Often, data on Employment exchanges...
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As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra
-TheWire.in Employment trends are dismal under the 'double engine government' of Modi and Adityanath. Several claims made in ads do not appear to hold up. Uttar Pradesh’s per capita income was barely half (Rs 41,023) of India’s average (Rs 86,659) in 2019-20. The per capita income of UP (at 2011-12 prices) is ranked 32 out of 36 states and Union Territories. That the state’s economy has been one of the poorly performing...
More »Why demand for MGNREGS is expected to continue -Surabhi
-The Hindu Business Line Economy is recovering but rural labour market still in distress Even as the economy is on the recovery track — spurring optimism about job creation and better Employment prospects — a large part of the labour force, especially in the rural areas, continues to face challenges. Data from the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) indicates that stress in the labour market, which escalated after Covid-19 lockdowns,...
More »GDP Numbers: What’s Wrong With How India Measures Manufacturing Output Data -Kaushal Shroff
-TheWire.in A claim of an 8.4% real GDP growth rate has little relevance even as rural India battles plummeting wage levels, depleted incomes and widespread unEmployment. With the release of the GDP figures for the quarter ending September, the government machinery has been in full swing advancing the narrative that economic growth is indeed back on track. However, sorely missing from these narratives is the inconvenient factoid on the currently dismal state of...
More »MNREGA funds allocation: Honouring the work-on-demand guarantee -Ashwini Kulkarni
-IdeasforIndia.com The Centre has sought an additional Rs. 25,000 crore as funding for MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act). Based on simple calculations using official data, Ashwini Kulkarni contends that the actual fund requirement is in fact much higher. As the pandemic continues to adversely impact rural livelihoods, the government should allocate sufficient funds to MNREGA, in order to honour the work-on-demand guarantee. For over a month, national and local...
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