-Livemint.com The present government has incentivized employers to comply with the EPF law by making their contribution for three years to expand formal sector employment Surjit Bhalla and Tirtha Das’ (B-D, hereafter) background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council (PMEAC) website (goo.gl/Y5CLtF)—a welcome initiative. It claims: “While there are no official employment...
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Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »Mudra loans a big scandal in banking system
-Deccan Chronicle The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest. New Delhi: The Modi government may have to get battle ready soon for cleaning up the Mudra loan mess that has added to the concerns of the banking system. The plan to create “job creators and not job seekers” by disbursing massive credit to micro and small...
More »Several ministries back need to enumerate nomadic, denotified tribes in next Census -Shalini Nair
-The Indian Express The Commission has asked for according Constitutional protection to these groups, bringing them under the umbrella of the SC/ST (Prevention of Atrocities) Act, and assured sub-quotas. New Delhi: In response to the January 2018 report by the National Commission for Denotified, Semi Nomadic, and Nomadic Tribes (NCDNT), several ministries have backed the need to enumerate these communities in the next Census so as to get an accurate estimate of...
More »The Tragi-Comedy of Jobs Numbers -Subodh Varma
-Newsclick.in In the latest govt. release of EPF and ESI numbers, the chaos in industry is revealed – not job situation. What was started last year as a trial balloon has now become a joke, after getting sanctified by everybody in the govt., from PM Modi downwards. Yesterday, the govt. released new numbers on how many people enrolled in three of its social security schemes, provident fund (EPF), employees health insurance (ESI)...
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