-TheWire.in Manufacturing jobs actually fell in absolute terms from 58.9 million in 2011-12 to 48.3 million in 2015-16. Economists have been writing for some months that, contrary to the claims of the government, there is plenty of data available that shows unmistakably that unemployment is high and rising. Educated unemployment has worsened just as young people are getting better educated, and expect to work outside agriculture in industry and services. We have done this...
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Cash in system surges: Informal sector's back? -Mayur Shetty
-The Times of India MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...
More »There's a hole in the data -Kiran Bhatty & Dipa Sinha
-The Indian Express The state has failed to create capacities for a timely, reliable, decentralised data regime. The credibility of India’s data systems is under serious threat with the recent controversy over the employment data of the National Sample Survey. While the Census of India and the National Sample Survey Organisation (NSSO) have a good reputation, when it comes to data related to the social sector — health, education, nutrition —...
More »To implement EWS quota, central institutions seek Rs 5,600 crore -Ritika Chopra
-The Indian Express The 10 per cent EWS quota was approved by the Union Cabinet on January 7 and its implementation across all central institutions was notified by the HRD Ministry on January 17. All centrally-funded educational institutions — including IITs, IIMs, central universities, NITs and IIITs — will collectively add close to 1.2 lakh seats in the new academic session starting July, and another 95,000 next year to implement the...
More »The solution is universal -Rajendran Narayanan & Debmalya Nandy
-The Hindu Strengthening the MGNREGA would be more prudent than a targeted cash transfer PLAn like PM-KISAN Rural distress has hit unprecedented levels. According to news reports, unemployment is the highest in 45 years. To allay some misgivings of the distress, one of the announcements in the Budget speech was that “vulnerable landholding farmer families, having cultivable land up to 2 hectares, will be provided direct income support at the rate of...
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