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Techies and teachers take white-collar hit -Basant Kumar Mohanty

-The Telegraph 32.6% of the 18.1 million jobs in the country were lost in four months India witnessed the erosion of nearly a third of its white-collar jobs between May and August, with professionals like software engineers, teachers, accountants and analysts taking the biggest hit, a survey by a data agency has shown. The Centre for Monitoring Indian economy has found that 5.9 million (32.6 per cent) of the 18.1 million white-collar jobs...

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Job data hard to gulp? Shut eyes -Basant Kumar Mohanty

-The Telegraph The Centre for Monitoring Indian economy has estimated the loss of 21 million salaried jobs between April and August, weeks after suggesting that 18.9 million salaried jobs were lost between April and July The Centre has said it does not accept survey data provided by “non-government agencies”, the assertion coming at a time independent agencies have reported enormous job losses in the country while the government has sat tight on...

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Plug the gaps: Aadhar and MGNREGA -Anjor Bhaskar and Preeti Singh

-The Telegraph Survey by Indian School of Business in Jharkhand reveals mass deletion of genuine job cards during linkage India’s economy is going through an unprecedented crisis of unemployment. In these times, the Mahatma Gandhi National Rural Employment Guarantee Programme and other welfare programmes are beacons of hope for India’s large rural population. However, the delivery of welfare has traditionally suffered from leakages. Thus, in 2015-16, the Government of India started linking...

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6 million white-collar workers lost their jobs during the lockdown -Prashant K Nanda

-Livemint.com * While 5.9 million white collar workers lost their jobs between May-August 2020, over the previous four months ended 30 April, this job loss number stood at 6.6 million when compared with May-August 2019 * Continued curbs and localized lockdowns have hit economic recovery and employment prospects NEW DELHI: Almost six million white-collar workers, including engineers, physicians, teachers, accountants and analysts, lost their jobs between May and August, the Centre for Monitoring...

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India should opt for income support so that pandemic does not turn into a financial crisis -Jahangir Aziz

-The Indian Express What is needed is ample income support for households and firms now so that the recovery is not hamstrung by excessively damaged balance sheets Even a cursory reading of Brazil’s recent history will confirm that the adoption of the all-encompassing cap on government spending in late 2016 was critical in rescuing the economy from the crisis of 2014-16. After riding the commodity boom of the 2000s, economic mismanagement and a...

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