-TheWire.in Though the government is being adamant that there is no data on the impact of demonetisation and GST on the jobs front under various national schemes in India, Labour Bureau data indicates otherwise. New Delhi: While in response to written questions in the Lok Sabha on the impact of demonetisation and Goods and Services Tax (GST) on employment generation, the Ministry of Labour and Employment has insisted that it does not possess...
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Sharp increase in unemployment rate -Mahesh Vyas
-CMIE.com/ Business Standard The unemployment rate reached a 71-week high in the week ended February 25. It is possible that February 2018 will end with the highest unemployment rate in the last 15 or 16 months. The unemployment rate has been rising steadily since July 2017. During last July, the unemployment rate had reached its lowest level of 3.4 per cent. The unemployment rate had been falling steeply and almost steadily since...
More »PMO Asked to Explain How Divulging demonetisation Info Will 'Affect Economic Interests' of India -Gaurav Vivek Bhatnagar
-TheWire.in Three related pleas before the Central Information Commission throw up numerous facts on demonetisation, including how Ambedkar’s photo was proposed to be printed on new notes. New Delhi: With the Prime Minister’s Office (PMO) being reticent about the events around demonetisation that was announced late on November 8, 2016 and refusing to part with information about it in response to a query filed under the Right to Information Act, the Central...
More »Currency circulation in India at 99% of pre-demonetisation level: RBI data -Alekh Archana
-Livemint.com Mumbai: Currency in circulation in India stood at Rs17.78 trillion as on 16 February, reaching 98.94% of the pre demonetisation level, according to the latest data released by the Reserve Bank of India (RBI). On 4 November 2016, the latest data released by the central bank before high-value banknotes were invalidated on 8 November, the currency with the public was Rs17.97 trillion. Subsequently, it dropped to a low of Rs8.98 trillion...
More »Note ban effect? Contract, casual workers worst hit in Q1FY18, says study
-PTI The self-employed experienced a positive change of 3,000 and employees experienced a positive change of 61,000 New Delhi: Contractual workers and casual labourers are among the worst hit during the April-June quarter of the current financial year with manufacturing reporting 87,000 job loss, said Labour Ministry survey. However, the overall employment in the eight selected sectors as per the quarterly survey of Labour Bureau, a wing of the labour ministry, increased...
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