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Labour Ministry puts on hold quarterly jobs survey -Yogima Sharma

-The Economic Times NEW DELHI: Labour ministry’s quarterly employment survey (QES), which provides for the number of jobs created in eight sectors that account for over 80% of the country’s total organised workforce, has been put on the backburner owing to the more recent payroll Data which has projected much higher number of jobs created in the organised sector than the labour bureau survey shows. According to the government’s first-ever estimate of...

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Why the Modi govt's move to ditch quarterly jobs surveys to make way for EPFO-based employment Data is a mistake India -Dinesh Unnikrishnan

-Firstpost.com The labour ministry has put the Quarterly Employment Survey (QES) on the back burner as it wants to transition to computing payroll Data based on Employees’ Provident Fund Organisation (EPFO) subscriptions, based on Data from the Employees State Insurance Corporation (ESIC) and the Pension Fund Regulatory and Development Authority (PFRDA), according to this report in The Economic Times. Of course, the EPFO-based jobs Data gives one a better picture about the...

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Measuring Economic Development: Data points undergo changes in 4 yrs -Aanchal Magazine

-The Indian Express GDP growth rates for pre-2011-12 years, making it impossible to compare the new growth Data with the growth during the UPA years. New Delhi: From a new gross domestic product (GDP) series to a revised Index of Industrial Production and inflation indices, alongside fresh interventions including payroll reporting based on EPFO data, statistical measurement tools to gauge economic development underwent some change over the past four years. In the...

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PMFBY: Modi govt's crop insurance scheme sees decline in farmers' enrolment -Namrata Acharya

-Business Standard Between FY16 and FY17, the number of farmers enrolled in the scheme declined from about 57.3 million to about 48.5 million, a fall of around 15% Kolkata: The Pradhan Mantri Fasal Bima Yojana (PMFBY), the flagship crop insurance scheme of the Narendra Modi government, has entered its third year of operation, albeit with a substantial decline in farmers' enrolment in its second year, the Data reveals. Between FY16 and FY17, the...

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Why are farmers angry -Harish Damodaran

-The Indian Express Behind the agitation, stagnant income and deteriorating terms of trade for agriculture New Delhi: Why are Indian farmers an angry lot today — stopping the supply of vegetables to cities and even spilling milk on roads? An answer to this can be found in the estimates of gross domestic product/ national income growth from the Central Statistics Office. The accompanying table shows two sets of growth figures. The first is...

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