-Outlook According to the Labour Bureau’s Employment Unemployment Surveys, total employment in the country shrank by about 0.4 per cent annually between 2013-14 and 2015-16, a number which corresponds to 37.4 lakh people being unemployed. There has been an absolute decline in employment – number of people with jobs – between 2013-14 and 2015-16, possibly for the first time since independence, a new study published in the EPW journal says. Three...

-Scroll.in It is hard to understand why the Indian government continues to favour palm oil imports over homegrown edible oils in Gujarat and elsewhere. Dhirubhai is in dire straits. He can no longer recover his investments on the groundnuts he grows on three acres of land along the Junagadh-Verawal road in Gujarat. In a good year, he grows 100 kilos of groundnuts – or peanuts – for every Rs 4,000 he invests....

-Livemint.com For Narendra Modi, the protests involving hundreds of thousands of farmers highlight his struggle to deliver on the promises that swept him to power New Delhi: Anger over falling farm incomes has spilled onto streets across a swathe of India’s largest states as farmers struggle with food price deflation and a breakdown of the informal agriculture economy. For Prime Minister Narendra Modi—already grappling with a sharp economic slowdown and looming job cuts...

-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....

-Livemint.com India’s new industrial policy is an opportunity to address the problems of low R&D spending and tough competition from cheap Chinese imports The framing of the new industrial policy should be seen as an opportunity to chart a meaningful path for industry’s role in India’s development. The recently released discussion paper by the department of industrial policy and promotion mentions two points that need to be examined closely to grasp the...