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More of the dismal same -Prabhat Patnaik

-The Indian Express The budget needed to break new ground, provide a thrust to a slowing economy. This budget lacks innovation. Economics has never been a strong point of the NDA government. Its only two major economic forays, demonetisation and the GST, have both turned out to be pretty disastrous. It was futile, therefore, to expect much from the Union Budget for 2019-20. Even so, one is surprised by the budget’s...

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Unemployment rate among Christian men highest: Govt -Amrita Madhukalya

-Hindustan Times Minority affairs minister Mukhtar Abbas Naqvi presented the data in the Lok Sabha in reply to a question posed by Trinamool Congress member Prasun Banerjee The rate of unemployment among Christian men in rural as well as urban areas is higher than those from other religions across the country, the Centre informed Parliament on Thursday. Minority affairs minister Mukhtar Abbas Naqvi presented the data in the Lok Sabha in reply to...

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Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?

In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...

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More Women Are Out of Work, Reveals Govt Report -Subodh Varma

-Newsclick.in Women’s work participation has dramatically declined, unemployment is at an all-time high and they often get half the wage of what men get for same work, shows the latest labour force survey report. The recently released Periodic Labour Force Survey (PLFS) for 2017-18 reveals a striking decline in women’s participation in the workforce. Only about 22% of women of working age (defined as 15 years of age or more) were gainfully...

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