The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...
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Ease of Doing business: W Bengal moves from laggard to leader among peers -Subhayan Chakraborty
-Business Standard State set to grab pole position in 3rd edition of rankings, which are likely to be out early April, Delhi expected to score low The third edition of the government's annual Ease of Doing Business ranking for states, modeled on the international one conducted by the World Bank, may see West Bengal jumping 15 places to top the list along with Chhatisgarh and Madhya Pradesh. Data collected till Wednesday on an...
More »Forget job growth, employment in India actually fell between 2014 and 2016 -Manas Chakravarty
-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...
More »Record government expenditure on MGNREGS underlines rural distress -Elizabeth Roche and Sayantan Bera
-Livemint.com The government expenditure on MGNREGS in 2017-18 was nearly Rs. 25,000 crore more than what was spent in 2013-14 New Delhi: The national rural employment guarantee scheme saw a record expenditure of Rs63,887 crore in 2017-18, the highest since it was launched 12 years ago, showed data provided by the government on Monday. However, high demand for work from rural households in a normal monsoon year (2017) also suggests acute rural distress,...
More »Farmers' Anger on Boil in Gujarat -Mahibul Hoque
-Hindkisan.com Farmers allege that the company had not taken possession of the land they sold two decades ago and demanded the company to initiate new acquisition proceedings as per provision of Land Acquisition Act, 2013. The Act prescribes that an agency or entity has to initiate fresh proceedings to acquire a plot if the agency did not take the possession of the land for more than five years. Tear gas shells fired,...
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