The first-ever annual employment survey by the Labour Bureau under the Union Ministry of Labour points to a “jobless economic growth” last fiscal year. During the bureau’s survey period 2009-10 — also the year in which India’s gross domestic product grew by 7.4 per cent — unemployment was 9.4 per cent. The National Sample Survey Organisation, using its Consumer Expenditure Survey for 2007-08, had painted a rosy unemployment figure of 2.8...
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Jobless rate in India pegged at 9.4%
The unemployment rate in the labour force was estimated to be 9.4 per cent during the 2009-10 financial year, a government survey has said. The Indian jobless rate was till now arrived at strictly by guesswork. According to the first national level household survey conducted by the Labour Bureau, out of 1,000 employed persons, 455 were employed in agriculture, forestry and fisheries group during this period. The survey was conducted with a view...
More »Jairam picked activists for POSCO panel, their 3-1 stand is no surprise by Amitabh Sinha
The 3-1 conclusion of the POSCO panel that all clearances to the Rs 50,000-crore project be scrapped should haven’t come as a surprise to at least one person: Environment Minister Jairam Ramesh. The panel’s report now wends its way through the Ministry’s official expert committees. For, Ramesh had handpicked these members and each of the three who opposed the project has, in the past, taken clearly stated positions on infrastructure projects,...
More »Members trash chairman’s dissent report on Posco
The members of the Meena Gupta Committee , who argued for cancellation of clearances for the Posco project in Orissa, on Tuesday began to mount pressure on the government to accept their view. Three members of the review panel — former director of the Forest Survey of India Devendra Pandey, civil rights activist and advocate V Suresh and tribal affairs expert Urmila Pingle — have submitted their response to the minority...
More »Split Jairam panel puts Posco on pause by Amitabh Sinha
The showpiece proposed iron and steel project in Orissa by South Korean steel major POSCO faces a huge cloud of uncertainty with an expert panel set up by the Environment Ministry alleging violations of environmental laws. Three of its four members today recommended that all initial clearances to the project be cancelled. The lone dissenting voice was that of former Environment Secretary Meena Gupta who argued that there was no need...
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