-The Times of India While the Economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm Economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...
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GST rates announced; milk, cereals to be exempted -Yuthika Bhargava
-The Hindu 81% items to be taxed at below 18% The Goods and Services (GST) Council on Thursday agreed on the fitment of almost all commodities in the various tax slabs under the new indirect regime to be rolled out on July 1. Milk, cereals (unpackaged and unbranded), and jaggery will be exempt from any GST, while sugar, tea, coffee (except instant), and edible oil will be taxed at 5%. Common use items...
More »No jobs? Let them eat... -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The big red blotch on the Narendra Modi government's report card after three years in power is its dismal performance in job creation - and there are no indications that things will improve in the near future. Cold statistics from the government's labour bureau show that job growth plummeted in key sectors to its lowest levels in eight years in calendar years 2015 and 2016 at 1.55 lakh...
More »Why are millions of Indian women dropping out of work? -Soutik Biswas
-BBC Why are millions of women dropping out of work in India? The numbers are stark - for the first time in India's recent history, not only there was a decline in the female labour participation rate, but also a shrinking of the total number of women in the workforce. * Nearly 20 million Indian women quit work between 2004-05 to 2011-12 * The labour force participation rate for women of working age declined...
More »India Exclusion Report 2016 paints a bleak picture of jobs, equality, agriculture
-MoneyControl.com Even as the Indian Economy grew, the inequality between the rich and the poor too has widened with drastic fall in jobs and increase in number of landless farmers, the India Exclusion Report 2016 says. Even as the Indian Economy grew, the inequality between the rich and the poor, too, has widened with a drastic fall in jobs and increase in number of landless farmers, says the India Exclusion Report...
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