-Business Standard/ India Spend Another limitation of employment at app-based companies is the lack of avenues for professional growth Arif*, 28, shuffled uncomfortably in the driver’s seat of his Maruti Wagon R as he tackled the crowded streets of Lower Parel, Mumbai’s arterial business district, on a sultry April 2019 evening. A hit track from the recent Hindi movie Gully Boy played on the music system but it did nothing to drown...
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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya
-The Economic Times Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos. NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...
More »Modi govt didn't address jobs crisis in the first term. India's progress depends on it now -Sabina Dewan
-ThePrint.in India needs a National Employment Strategy with ministries made to submit to PMO annual action plans on how they will realise the goals. India’s labour market is ailing, and Prime Minister Narendra Modi’s first term bore the brunt of the debate on the nation’s employment crisis. In the last five years, all efforts to generate a debate on how best to address the crisis have ended up in controversy — be...
More »The sum and substance of the jobs data -Sonalde Desai
-The Hindu Rising unemployment must also be seen as a function of rising education and aspirations The report from the Periodic Labour Force Survey (PLFS) is finally out, garnering a lot of attention based on selective reading of tables and spurring partisan debates. In particular, the staggering increase in the unemployment rate, from 1.7% in 2011-12 to 5.8% in 2017-18 for rural men and from 3.0% to 7.1% for urban men, has...
More »Over 4 Crore Are Jobless Now, Much More Than Earlier -Subodh Varma
-Newsclick.in Unemployment is estimated at 9.35% in 2019 by CMIE, far worse than the PLFS/NSSO estimate of 6.1% for 2017-18. Finally, the government has released the suppressed report on unemployment, now that elections are done and dusted with. Meanwhile, joblessness has worsened dramatically with an estimated 4.17 crore people unemployed, according to another recent report of the CMIE (Centre for Monitoring Indian Economy), based on a similar sample survey. The government had directed...
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