-BusinessToday.in The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in the country India's unemployment rate rose to a three-year high of 8.48 per cent in October, up from 7.2 per cent in September, says the data released by the Centre for Monitoring Indian Economy (CMIE) on Friday. The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in...

-The Indian Express Mahatma Gandhi National Rural Employment Guarantee Act, 2005, provides unskilled manual work for 100 days to eligible rural households. Facing criticism over rising unemployment and rural distress, the Union government plans to launch a new project under which a stipend of up to Rs 20,000 will be given to Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) labourers who undergo training in skills such as masonry or carpentry. The...

-The Telegraph It must be ensured that growth does not slide down further Economic news has been increasingly dismal for some time. The decline in economic activities since January-March 2018 accelerated this year, gathering pace in recent months and prompting concern it could turn into a recession. Some commentators argue the economy is in a recession; others disagree, saying growth is decelerating. Since recessions are defined as periods of negative real gross...

-Newsclick.in The ongoing economic slowdown will increase joblessness further as not only are jobs being lost, no new jobs are being created. While some leaders of the present government are blithely going about giving the world supposed lessons on how to govern, as Narendra Modi did at the UN General Assembly, and some others are busy handing out concessions to domestic and foreign corporates, the people in India are getting strangled by...

-The Hindu If India does not make effective use of the strengths of its youth now, it may never do Amartya Sen had once quipped that India’s unemployment figures were low enough to put many developed countries to shame. Professor Sen was, of course, not commending the country’s record in employment creation, but instead, highlighting the difficulties involved in measuring employment and unemployment in a developing country. Unemployment has been at the centre...