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New IIP series shows severe impact of demonetisation on manufacturing sector -Manas Chakravarty

-Livemint.com In the December-March of 2016-17 period, manufacturing growth was the lowest compared with the same period in the past five years, shows new IIP series The new Index of Industrial Production (IIP) series, with the base revised to 2011-12, tells us that, in the period December-March of 2016-17, manufacturing growth was the lowest compared with the same period in the past five years. This is very likely a result of the...

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Rahul 'jobless' jab at Modi -Sanjay K Jha

-The Telegraph New Delhi: Rahul Gandhi today accused the government of creating a grim employment situation through its lack of vision and commitment, reaffirming the Congress's persistent charge of jobless growth in the country over the past few years. "Sad to see our youth let down by this government's lack of vision. Between promises and performance lies capability and commitment," Rahul tweeted, referring to recent news reports about an employment crisis and...

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Job offers shrink for IIT graduates, campus hiring falls to 66% this academic year. Here's why -Neelam Pandey

-Hindustan Times The slide in recruitment from what are considered premier technical institutes reflects the possible impact of the economic downturn in India as also globally One of every three IITians graduating this year either didn’t find a suitable job or wasn’t found suitable for a job through campus placement, official data show, pointing to shrinking employment opportunities for India’s large pool of engineering talent. Only 66% of those who made themselves available...

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In search of a job -Muthukumar K & Seetharaman R

-The Hindu Business Line Prime Minister Narendra Modi promised one crore jobs during the 2014 elections. At the present rate of job creation, this will take 30 years. Muthukumar K and Seetharaman R report on the employment crisis Raj Abraham (name changed on request), a first-year student at a leading management institute in Chennai, is a bit anxious these days. Ask him how his seniors are faring in campus placement and the...

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