-Hindustan Times A country’s unemployment rate can increase or decrease over time, and people can move from one form of employment to another. But headline numbers on unemployment rate and kind of employment do not tell us about the degree of churn in the labour market. One of the most basic concepts in economics is stock versus flow. Stock is a variable measured at a point in time. An individual’s net worth...
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Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot
-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...
More »Suicides among farm workers rose 18% in 2020
-The Hindu However, suicides among landowning farmers dropped slightly during pandemic year The number of agricultural labourers who died by suicide in 2020 was 18% higher than the previous year, according to the National Crime Records Bureau (NCRB) report released on Thursday. However, suicides among landowning farmers dropped slightly during the pandemic year. The farm sector was one of the few bright spots in the Indian economy last year, recording growth on the...
More »NREGA Tracker: Nearly 90 per cent of the allocated NREGA budget for 2021-22 has been used up, with 5 months of the programme still remaining
-GaonConnection.com The half-yearly MG-NREGA National tracker launched by PAEG today highlighted that 90 per cent of the allocated budget has been used up with 5 months of the programme still remaining and the remaining funds available can cover at most 13 days of employment per household till March 31, 2022. More details here. In her opening statement at the joint press conference conducted by Peoples’ Action for Employment Guarantee (PAEG) and LibTech...
More »Almost 90% of total allocated funds for MGNREGA in 2021-22 have been utilised, shows tracker prepared by PAEG
-MGNREGA National Tracker (1 April-30 September 2021) by Peoples' Action for Employment Guarantee (PAEG), released on 29th October 2021 Highlights of the Tracker: • The total budget allocation for NREGA is 34 percent less than the revised budget for the previous year. • Remaining Funds Can Cover At Most 13 Days of Employment per Household till March 31, 2022. • Pending liabilities from previous years amount to 17,180 crores, 23.53 percent of the total...
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