-The Times of India NEW DELHI: Some of the flagship employment generation and placement schemes, such as the Prime Minister’s Employment Generation Programme (PMEGP) and Deendayal Antyodaya Yojana-National Urban Livelihoods Mission, are expected to see a sharp decline in job creation during the current fiscal, according to data tabled in Parliament. Details provided by the labour & employment ministry states that the number of jobs generated under PMEGP plummeted from 5.87 lakh...

-The Hindu The economic outlook rests on government meeting investment targets and keeping promises made to stakeholders There were many expectations from the Union Budget 2020: that it would reverse the falling growth rate, reduce unemployment and rekindle the animal spirits needed to revive private investment. Does the Budget really hold out the promise on these counts? To answer the question, the Budget can be judged in terms of its effect...

-Newsclick.in Will this Budget give any signal that the government is tackling the deadly jobs crisis? Budgets usually don’t address big systemic issues. After all, they only arrange for government revenue and expenditure for one year. But, if the water is flowing over your head, a Budget could very well give a strong signal of beginning something. It could open the door to policy changes, and declare a determined political intent. The raging...

-Business Standard The government has made an enabling provision in the code to provide insurance cover, under the ESI schemes, to gig, platform and plantation workers Workers employed in the gig economy may soon be eligible for insurance benefits provided by the state-run Employees’ State Insurance Corporation (ESIC). The move is a part of the Social Security Code Bill, 2019 approved by the Union Cabinet on Wednesday. The Code has also proposed...

-The Hindu Business Line Farmers, reeling under crop losses, feel the Centre’s crop insurance scheme is merely helping insurance firms make profits. Radheshyam Jadhav reports After completing his graduation, Ramkisan Nirmal took up a challenge. Unlike other youths who prefer to migrate to nearby cities in search of jobs, Ramkisan dreamed of becoming a farmer and prove that with modern technology and efforts, agriculture could become a profitable venture. In his drought-prone village...