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Employment: Government to launch enterprise-level survey in August -Aanchal Magazine

-The Indian Express The government is looking at various data sources and has started releasing enrolment data for Employees Provident Fund Organisation (EPFO) as an indicator. As per latest data, 41.26 lakh enrollments were recorded in the EPFO database for Sept 2017-April 2018. The government is planning to launch enterprise-level area frame survey early next month for capturing employment generation in companies with less than ten workers. The results of the survey,...

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The paradox of job growth -R Nagaraj

-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...

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Multiple revisions of official GDP data confuses analysts, says RBI -Ishan Bakshi

-Business Standard The dilemma regarding reliability is usually the greatest around the release of advance estimates Analysts at the Reserve Bank of India (RBI) have questioned the numerous revisions in gross domestic product (GDP) data by the statistics office. RBI has said this confuses analysts about the economy. It suggested the Central Statistics Office (CSO) incorporate data on high frequency economic indicators such as commercial vehicles and international air passenger traffic. It should...

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Stop this jobs charade: on India's unemployment problem -Praveen Chakravarty & Jairam Ramesh

-The Hindu India must debate solutions to the employment problem, as a true democracy should and would In January this year, the Prime Minister made this statement: “7 million new jobs created in 2017”. The statement draws on false conclusions of a study by two economists. Here is another: “10-12 million young people join the workforce every year and 7 million new and formal jobs were created in 2017,” said the Minister of...

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What India Really Eats -Balmurli Natrajan and Suraj Jacob

-TheWire.in At a time when food has provided so much grist for the identitarian and nativist mill, it is important to infuse into public discourse a modicum of reason through facts. For long, India has been mythologised as a vegetarian, and particularly beef-eschewing, society. Such a representation has further been ideologically explained (and justified) by a wide range of scholars, politicians and popular discourse by constructing India as a society primarily shaped...

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