-The Hindu Kolkata: At a time when the Trinamool Congress-led West Bengal government has a strained relationship with the Bharatiya Janata Party at the Centre, a report by the Labour Bureau of India suggested that Bengal's employment rate was on the rise. According to the TMC's official website, the fourth Annual Employment-Unemployment Survey Report revealed that the unemployment rate in 2014 fell to 52 from 74 in 2012-13, the lowest since the...
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UN study predicts rising global unemployment due to slower growth, inequality, turbulence
-The United Nations An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend. According to the World Employment and Social Outlook - Trends 2015 (WESO) report, released today by the International Labour Organisation (ILO), the next four years will see the total number of people out of...
More »Where are the jobs? -Devinder Sharma
-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
More »Wrong numbers: Attack on NREGA is misleading
-The Times of India Jagdish Bhagwati and Arvind Panagariya, hereafter BP, have argued for phasing out the National Rural Employment Guarantee Act in favour of cash transfers ("Rural Inefficiency Act", ToI, 23 October). It's surprising-and amusing-that two eminent economists have chosen to make a case based on prior beliefs and some sophomoric wordplay ('mis'leading economists), rather than on the available evidence. A survey by one of us of the empirical literature...
More »‘Indian women hardly have any say in decision making’ -Mahendra Singh
-The Times of India NEW DELHI: Women empowerment may be the key slogan for every government since independence, but the findings of a government report show women still lag way behind men in having a say in decision making and in their participation in economic activity. The Central Statistics Office (CSO)'s publication "Women and Men in India 2014" found that women occupied seven out of 45 ministerial positions in the Narendra Modi's...
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