-The Hindu Addressing the joint sitting of both Houses of Parliament, the President said that a committee of Chief Ministers was being set up to look into structural reforms in the field of agriculture. The Centre plans to invest Rs.25 lakh crore in the farm sector in the coming years to boost agricultural productivity, President Ram Nath Kovind said on Thursday. Addressing the joint sitting of both Houses of Parliament, the President said...
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Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?
In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...
More »Despite Adityanath govt's big promises; unemployment situation worsens in Uttar Pradesh -Biswajeet Banerjee
-National Herald The unemployment situation is worsening in Uttar Pradesh and it is directly proportional to education. Which means, more educated the youth is, bigger is the chance of them being unemployed Despite the Yogi-led BJP government promised the Ram Rajya in Uttar Pradesh, the unemployment situation is worsening which is directly proportional to education. Thus meaning, more educated a youth is, bigger is the chances of him not getting a job. The...
More »The Dramatic Increase in the Unemployment Rate -Prabhat Patnaik
-Newsclick.in The Periodic Labour Force Survey Report 2017-18 clearly shows that there is a sudden jump in the unemployment rates across-the-board in 2017-18, compared to all preceding rounds of the NSSO. The report of the Periodic Labour Force Survey (PLFS) conducted in 2017-18 is finally out, and it confirms what had been leaked earlier, namely a dramatic increase in the unemployment rate in the Indian economy. The unemployment rate is given under...
More »The farm-factory connect -Ashok Gulati
-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...
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