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Govt survey portrays better job situation from July 2019- June 2020 -Basant Kumar Mohanty

-The Telegraph However, experts say this is largely an illusion caused by a distressed population increasingly taking up low-paid informal jobs A government survey has portrayed an improved unemployment situation between July 2019 and June 2020 on certain parameters, but experts say this is largely an illusion caused by a distressed population increasingly taking up low-paid informal jobs. Besides, while one standard of measurement in the survey appears to show an improvement, another...

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Do PLFS numbers underestimate the pain of lockdown? -Ishan Anand and Anjana Thampi

-Hindustan Times The PLFS survey covers the July-June period rather than a fiscal or calendar year. So, when NSO released the 2019-20 PLFS report last month, this was supposed to be the first official record of what happened to labour markets during last year’s lockdown. The Periodic Labour Force Survey (PLFS), conducted by the National Statistical Office (NSO), is the official source of employment and earnings data in India. PLFS numbers are...

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Why Indian States Need to Incorporate Gender Budgeting in Their Fiscal Planning -Lekha Chakraborty

-TheWire.in Even in a state like Kerala, higher human development indices have not translated into equally solid gender outcomes. An interesting public policy question that has emerged over the last few years is why high human development indices are not translating into a better ‘gender status’ for Kerala. The Human Development Index (HDI) in Kerala (0.763) is the highest in India. The HDI is estimated as the geometric mean of three crucial aspects...

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Modinomics’ Legacy ― Labour Traffic Now Flows From Factories to Farms -MK Venu

-TheWire.in The ‘vikas’ train has begun to chug the wrong way, as it were. A worrisome aspect of the Indian economy is reflected in the share of employment in agriculture dramatically rising from 42.5% of the total employed in 2018-19 to 45.6% in 2019-20. This may signify an unusually large movement of labour from industry or services sectors to agriculture. The total number of persons employed in India varies between 400 million and...

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Retail inflation eased to 5.6% in July

-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...

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