-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
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92% rural homes run on less than Rs 10,000 per month -Subodh Varma
-The Times of India NEW DELHI: Giving a more storied picture of rural India, the Socio-Economic and Caste Census (SECC) released on Friday says that a staggering 92% of rural households reported their maximum income below Rs 10,000 per month. Nearly three quarters of all rural household said that the income of the highest earning member was Rs 5,000 or less. The SECC was conducted during 2011-12 with some states completing it...
More »End labour informality
-The Hindu The World of Work Report 2014 catalogues the impressive strides developing countries are making to catch up with advanced nations. But the International Labour Organisation study also contains important caveats on the cost from continuing sharp inequalities. Per capita income has grown on average by 3.3 per cent per annum in 140 countries over the past three decades, as against 1.8 per cent in the advanced economies. But this...
More »Missing the evidence-Sourindra Ghosh and Atul Sood
-The Indian Express The Gujarat model, if there is one, is not shining. Surjit Bhalla, in recent articles (‘Gujarat's inclusive growth', IE, April 12, ‘Gujarat's other calling card', IE, April 19 and ‘Just name-calling', IE, April 26), has been making a case for Narendra Modi's prime ministerial candidacy by praising the Gujarat development model. It is surprising because, just a year ago, he critiqued Gujarat's growth model for being "neither equitable nor...
More »UPA's job generation record better: Jairam
-The Business Standard Says it ensured more inclusive growth here, with better paying jobs, compared to NDA govt's record The perception that more jobs were created during the 1998-2004 National Democratic Alliance government than that of the Congress-led United Progressive Alliance (UPA) isn't based on facts, said Jairam Ramesh, the minister for rural development. From projections based on a National Sample Survey Organisation (NSSO) study, 60 million jobs were created between 1999-2000 and...
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