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Nothing to cheer about in Indian job market

-GoIMonitor.com Unemployment, irregular jobs and low salaries continue to hurt India while it continues to embrace labour reforms PRIME MINISTER Narendra Modi pitched for greater use of technology through an unusual equation ‘IT+IT= IT’ which had Internet in splits and Twitterartis trending #pinksliprevolution to underscore the impending layoffs in India’s famed IT sector. But the country’s unemployment saga lies far beyond the glass towers and high figure pay cheques. Around 77 per...

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Cash drought shadow: Distress sale of paddy -Hemant Kumar Rout

-The New Indian Express BHUBANESWAR: Gopal Krushna Panda was happy to hear the announcement on demonetisation of higher currency notes with a hope that the black money will be wiped out. But his happiness was short-lived as the currency crisis gripped the nation. A native of Gopalpur village in Balasore district, Panda requires at least Rs 40,000 to harvest paddy from his 10 acres of agricultural field. While the paddy has already...

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Motive behind demonetisation is justifiable but there may be collateral damage

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

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Women’s ownership of land in rural areas can help cut poverty -Kritika Singh

-Livemint.com Increasing women’s ownership of land in rural areas can help cut poverty and boost agricultural output in a country like India where dependence on agriculture is high New Delhi: Increasing women’s ownership of land in rural areas can help cut poverty and boost agricultural output in a country like India where dependence on agriculture is high. Women constitute 30.3% of the total number of cultivators and 42.6% of the agricultural labourers...

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Tackling poverty in India: In building and agri boom, rural wage lift -Hanan Jacoby and Basab Dasgupta

-The Indian Express Real wages have risen across India in the past two decades, but the increase has been especially marked among rural unskilled workers. Three drivers — falling rural female labour force participation, a construction boom, and favourable agricultural terms of trade — help explain why unskilled rural workers fared better than their urban counterparts or workers with more education. Going forward, in the light of lower agricultural prices and...

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