In the 3 months period following demonetisation, most job cuts happened for casual workers. This has been confirmed by the Labour Bureau's latest Quarterly Report on Employment Scenario in selected sectors. Although overall employment increased in the 8 major sectors of the economy by 1.85 lakhs between 1st January, 2017 and 1st April, 2017, employment of regular workers (1.97 lakhs) increased the most, followed by employment of contract workers (26,000...
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53 thousand casual jobs lost in Jan-Mar, overall employment up by 1.85 lakh
-PTI New Delhi: Casual workers remained the most affected post-demonetisation, with as many as 53 thousand workers losing their jobs in 8 select sector during the first three months of 2017, according to a Labour Bureau survey. However, the overall jobs situation improved in sectors like manufacturing and IT as employment increased by 1.85 lakh during the January–March period across eight sectors at all India level. “There was a positive change of...
More »Country's organised sector created 4 lakh jobs in 2016-17
-The Times of India NEW DELHI: India's organised sector created a little over 1,100 jobs a day in 2016-17 which totalled up to 4.16 lakh new jobs for the entire year. The rate of job creation was 2% higher than 2015-16. Last quarter of 2016-17, the hardest hit by the demonetisation, saw much higher job creation than the previous three quarters of the year, claims the quarterly report on employment scenario,...
More »Note Ban Hurt Daily Wagers, Contractual Jobs, Shows Government's Own Survey -Somesh Jha
-TheWire.in In January-March 2017, regular jobs rose while jobs for contract workers slowed to 26,000 against 1,24,000 in the previous quarter. New Delhi: The government’s demonetisation of high-value currency notes in November last year affected job creation among daily wagers and contract workers, even as regular jobs continued to grow, shows the latest official survey of enterprises, issued by the Labour Bureau. During January-March 2017, job creation stood at 185,000 against 122,000 in October-December...
More »Poor social indicators must make Gujarat rethink its growth model
-Down to Earth Shockingly, the state’s infant mortality rate is worse than Jharkhand; it also has the fourth lowest teacher student ratio in the country “Social development indicators have not been able to keep pace with economic development in this state of over 60 million people," UNICEF had observed about Gujarat back in 2013. Four years later, Maitreesh Ghatak of London School of Economics writes about Gujarat’s development model: “When it...
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