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Is "Formalisation" possible? -CP Chandrasekhar and Jayati Ghosh

-Networkideas.org In recent times, the clamour for formalising economic activity, or shrinking its unorganised component and expanding the organised, has been heard from diverse sources. There are those who want formalisation to occur because the unorganised sector is seen as being largely outside the direct and indirect tax net, depriving the government of much needed resources. Hence, for example, one feature seen as favouring the Goods and Services Tax regime is...

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Not enough jobs, private investments missing: What's wrong with the world's fastest growing economy? -Dinesh Unnikrishnan

-Firstpost.com A report from rating agency CARE, released early this week, revealed that India's employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller companies.     The report, based on an analysis of over 1,600 corporates, said smaller companies with net sales of less than Rs...

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These superwomen from Himachal Pradesh show why empowered women make for an empowered country -Raksha Kumar

-The Hindu Bhuira's women are coping with the higher workload by creating vastly more flexible family and community structures. And they are simultaneously pushing towards modernity much faster than their neighbours. Everyone in the village sneaks a glance when Upasana Kumari drives her White Maruti 800 to work. “Driving a car is intoxicating,” says Kumari. A winding, muddy, single lane road that starts from the edge of the hillock where Kumari’s house...

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Govt keeps job data close to its chest -Basant Kumar Mohanty

-The Telegraph Two reports, published every 3 months of the Quarterly Employment Survey, not released by the Narendra Modi govt New Delhi: Quarterly employment data considered reliable by even critics of the Narendra Modi government have not been released for this year so far, prompting concern the survey may be discontinued to hide potential warts that hold considerable significance in an election year. Two reports of the Quarterly Employment Survey (QES) are due...

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Being highly educated doesn't guarantee you jobs in India anymore -Priyamvada Grover

-ThePrint.in Study by Azim Premji University finds that graduates currently make up over one-third of India’s unemployed population. New Delhi: Graduates and postgraduates are the least likely to find jobs in the country as compared to those without any degrees, according to a study released by the Azim Premji University’s Centre for Sustainable Employment. The study, which states that unemployment among young and highly educated Indians is the highest in 20 years, has...

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