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Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik

-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...

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India’s ‘salaried class’ shrank during Covid, Muslims hit hardest, govt data suggests -Nikhil Rampal

-ThePrint.in India’s salaried class shrank by 2.7 percentage points during pandemic, govt’s Periodic Labour Force Survey (PLFS) shows. But data for religious minorities, women is even bleaker. New Delhi: There’s much to lament in India’s post-Covid job market, where recovery has been painfully slow. However, government data suggests that when it comes to the salaried sector, the participation of religious minorities — Muslims, Sikhs, and Christians, in that order — has been...

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Why Were 1.3 Crore Jobs Lost in June? -Subodh Varma

-Newsclick.in Most of the job losses were in agriculture, but 25 lakh salaried jobs were also lost. A perfect storm of delayed monsoon, languishing economy and continued inaction of the government on the jobs front has led to an astonishing decline of 1.3 crore from the total number of employed persons in the country in June this year, according to the latest CMIE estimates. In May, the number of employed persons were...

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Hemant Soren claims credit for no starvation death -Animesh Bisoee

-The Telegraph CM says Jharkhand government is focused on reaching out to last mile with welfare schemes Jamshedpur: Jharkhand chief minister Hemant Soren reminded people of the starvation deaths during the erstwhile BJP-led government and patted his own government as nobody died of hunger even during the Covid lockdown. Addressing a gathering at Godda on Wednesday evening, Soren said the development works done during the “double engine” government (a term used by his...

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Why the Rise in Workforce Participation During the Pandemic Points to Distress Employment -Shiney Chakraborty, Priyanka Chatterjee and Mitali Nikore

-TheWire.in Although COVID-19 had disrupted economic activity, the workforce participation rate in the last four years has gone up, significantly driven by rural women's employment. The annual Periodic Labour Force Survey (PLFS), first launched in 2017, is one of the only official sources of employment data in the country. Marred by disruptions, the results of the last two surveys (2019-20 and 2020-21) have been eagerly awaited to understand the impact of the...

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