-Newsclick.in Manufacturing sector loses 87,000 jobs in Apr-Jul 2017. The latest Quarterly Employment Survey (QES) Report released by the govt.’s Labour Bureau reveals that just 64,000 jobs were added in eight selected sectors during April-July 2017 down by 65% compared to the previous quarter. Compared to the base level estimate of total employment of 205.22 lakh as on 1 April 2016, the Indian economy has added 4.8 lakh jobs in 15...
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From Plate To Plough: A vision coloured green -Ashok Gulati & Ritika Juneja
-The Indian Express Operation Greens must build forward and backward linkages between farmers and markets. It can learn from Operation Flood. The finance minister announced Operation Greens, on the lines of Operation Flood, with a seed capital of Rs 500 crore in his speech on February 1. Three days later, the Prime Minister backed the scheme at a parivartan rally in Bengaluru. He said farmers are his TOP priority — T is...
More »Labour Bureau's new report indicate layoffs of casual & contract workers in Q1 of 2017-18
The declining trend in organized sector employment (i.e. in establishments employing 10 or more workers) continued in the first quarter of 2017-18. The sixth round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st July, 2017), which was released in February this year, confirms this. The Labour Bureau’s latest report says that the net number of jobs created in the 8 major sectors of the economy was...
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
More »'Of Hits and Misses: Analysis of Union Budget 2018-19' -CBGA
-Centre for Budget and Governance Accountability (CBGA) Union Budget 2018-19 is the fifth and the final full-year budget of the current ruling dispensation. The major plank on which this government was elected in 2014 with an exceptional mandate were issues of development related to reducing corruption, generating meaningful employment opportunities, tackling inflation (especially food inflation, an issue plaguing the economy at that point of time), reducing inequality, and pushing the economy...
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