-The Hindu In the heated debate on jobs, the crucial link between macroeconomic policy and UNEMPLOYMENT has not been flagged Innumerable tasks with respect to the economy await the winner of the parliamentary elections now under way, but two may be mentioned and they are connected. The first is to review the conduct of macroeconomic policy. Though it must come across as arcane, this is an element of public policy that makes...
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Meanwhile, on the Jobs Front -Subodh Varma
-Newsclick.in Latest CMIE data shows that UNEMPLOYMENT rate continues to steadily climb up even as PM Modi and his party try to divert attention by talking about air strikes and ‘national security’. If ever there was a case of “Nero fiddling while Rome was burning” then India today is the best example. The country is going through one of its worst jobs crisis, well documented by several surveys and confirmed by reports...
More »The problem with cherry-picking data -Arun Kumar
-The Hindu If it’s the government’s case that NSSO figures are suspect, what has it based policy decisions on? Minister of State for Housing and Urban Affairs Hardeep Singh Puri said last week, “we definitely have a data crisis,” and blamed academics for creating a “false narrative”. Yet, at the heart of the data crisis in India is the Central government, which has been holding back important data. Most recently, it did...
More »The Danger Of Silver Bullets -Ajay Vir Jakhar
-The Indian Express Rural crisis needs nuanced interventions, not tall promises in party manifestos Farmers were sold a dream in 2014 that everything was going to change. But now they have compelling reasons to feel they were deceived. Party manifestos indicate what the politicians want us to believe. After elections, winners get either selective amnesia (Rs 15 lakh in each bank account), re-interpret promises (MSP at C2+50 per cent), continue to...
More »50 lakh people lost job opportunities after demonetisation: study
-The Hindu The 'State of Working India' report, published by Azim Premji University, was released on Tuesday Since the November 8, 2016 demonetisation, at least five million people lost opportunities to work across the country, while the overall UNEMPLOYMENT rate doubled between 2011 and 2018 to 6%, says a 'State of Working India' (SWI) report published by the Centre for Sustainable Employment (CSE) of the Azim Premji University (APU) that was released...
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