-The Telegraph New Delhi: The Indian economy grew at its slowest pace in more than six years at 5 per cent in the first quarter of 2019-20, deepening worries about subdued factory output and resultant job losses. It also fanned concerns about the Narendra Modi government’s ability to crank up demand amid clear indications that urban consumption had also started to slacken after rural demand went into a deep rut several quarters...

-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...

-Livemint.com Around 45% of salaried workers — the best-paid workers in India — earned less than Rs.10,000 per month, and only about 4% of them earned more than Rs.50,000 per month in 2017-18 The much-awaited report of the Periodic Labour Force Survey (PLFS) 2017-18 has highlighted the difficult job situation with 6.1% of India’s labour force, and 17.8% of young people (15-29 years) in the labour force reporting to be unemployed. The recently...

-Livemint.com Four out of 10 youth who received vocational training are out of the labour force, and a significant chunk of those in the workforce remain unemployed Reiterating the government’s commitment to the 'Skill India' initiative in her maiden budget speech, India’s finance minister, Nirmala Sitharaman claimed that the government is enabling millions to take up industry-relevant skill training, boosting their job prospects. An analysis of the unit-level data from the Periodic Labour...

-The Hindu The recent PLFS data, which show a historic decline in manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more manufacturing jobs. For the first time ever, manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...