-The Indian Express Raising farm productivity is the first step to increasing rural demand and reviving the manufacturing sector As per the last report of National Statistical Office (NSO) released on May 31, the Gross Value Added (GVA) at basic prices (2011-12 prices) for the fourth quarter (Q4) of 2018-19 has slumped to 5.7 per cent for the overall economy, 3.1 per cent for manufacturing, and -0.1 percent for agriculture, forestry...
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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya
-The Economic Times Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos. NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...
More »Pronab Sen, former chief statistician of India, interviewed by Kabir Agarwal and Anuj Srivas (TheWire.in)
-TheWire.in "I think the fact that the whole [NSSO] exercise began with a fundamental premise of keeping it comparable, that has been forgotten." The fierce debate over India’s unemployment figures came to a head last week, when a jobs data report by the National Sample Survey Office (NSSO) was finally made public. This report has been a source of contention ever since two members of the National Statistical Commission (NSC) resigned allegedly...
More »No sick leave, job rotation: India's gig workers are overworked, underpaid -Prachi Salve & Shreehari Paliath
-Business Standard/ India Spend Another limitation of employment at app-based companies is the lack of avenues for professional growth Arif*, 28, shuffled uncomfortably in the driver’s seat of his Maruti Wagon R as he tackled the crowded streets of Lower Parel, Mumbai’s arterial business district, on a sultry April 2019 evening. A hit track from the recent Hindi movie Gully Boy played on the music system but it did nothing to drown...
More »The sum and substance of the jobs data -Sonalde Desai
-The Hindu Rising unemployment must also be seen as a function of rising education and aspirations The report from the Periodic Labour Force Survey (PLFS) is finally out, garnering a lot of attention based on selective reading of tables and spurring partisan debates. In particular, the staggering increase in the unemployment rate, from 1.7% in 2011-12 to 5.8% in 2017-18 for rural men and from 3.0% to 7.1% for urban men, has...
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