-NDTV The Modi government is finally getting some flak, as it should, for its confused economic policies, epitomised by the demonetisation blunder last year. Despite relatively favourable circumstances (including good monsoons and a decline in international fuel prices), the rate of economic growth is declining quarter after quarter. For manufacturing, it is even close to zero, according to the latest estimates. Statistics related to employment and wages are even more worrying....
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Central panel says states do not need to hike NREG pay to match minimum wage -Shalini Nair
-The Indian Express A report, prepared by a Ministry of Rural Development (MoRD) committee states that wages under the rural employment guarantee scheme were last aligned to minimum wages in 2009, and that “there is no compelling reason to align MGNREGA and states minimum wages again”. New Delhi: THE PANEL for revision of wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has recommended in its final report that there...
More »Farms gone, but lack of jobs hurts villagers most -Shubhra Pant
-The Times of India GURUGRAM: They had given up their land in hope that the local economy would develop and create jobs that would sustain livelihoods not only for them but the next generation. Fourteen years on, no industrial project has come up on the nearly 1,600 acres of land, a massive sprawl across the villages of Gadoli Khurd, Harsaru, Khandsa, Mohammadpur and Narsinghpur, acquired by the government, farming does not happen...
More »At employment exchanges, rise in applications but less than 1% get jobs -Sunny Verma & Sandeep Singh
-The Indian Express While Gujarat comes on top in terms of providing placement through exchanges, it isn’t the top state when it comes to the number of job-seekers. That’s Tamil Nadu with more than 80 lakh registrations with employment exchanges in first nine months of 2015, as against Gujarat which had only 6.88 lakh registrations. With the exception of Gujarat, where employment exchanges have consistently clocked an over 30 per cent...
More »1.5 Million Jobs Lost During First Four Months of 2017, Says CMIE
-TheWire.in While this is likely a side-effect of demonetisation, more research is needed to unpack how India’s unEmployment Rate fell in January-April 2017. New Delhi: The Modi government’s demonetisation decision may have resulted in the loss of roughly 1.5 million jobs, according to new survey data put out by the Centre for Monitoring Indian Economy (CMIE). CMIE’s data is based on the result of consecutive waves of household surveys performed from January 2016...
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