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Only 3% Mudra loans can generate monthly income of more than 10,000 -Prasanna Mohanty

-India Today The Narendra Modi government has claimed that its flagship Mudra loan scheme is generating employment. But, data shows a miniscule number of Mudra loans generate a return that satisfies even the minimum wage requirement. * The Modi-led govt has been showcasing the Mudra loan scheme to claim that millions of jobs are being created * There is no official data available on the number of jobs created due to the Mudra...

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Dr. Himanshu, associate professor at Jawaharlal Nehru University, interviewed by M Rajshekhar (Scroll.in)

-Scroll.in This is not just about low job creation but also about the worsening quality of jobs, says Himanshu, associate professor at Jawaharlal Nehru University. On Thursday, a political storm boiled over after Business Standard reported that, between 2017-’18, unemployment numbers in India reached a 45-year high. The newspaper based its report on a survey, conducted by the National Sample Survey Organisation, called the Periodic Labour Force Survey that the government had...

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Budget 2019: Behind Chest Thumping, Cuts in Welfare and Silence on Jobs -Subodh Varma

-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the Narendra Modi government over the past five years, offering an...

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Modi Govt Will Prepare New NSSO Report to Show 'Increase in Jobs', Says PM's Economic Advisor

-News18.com The leaked report recorded unemployment rate of 6.1 percent in 2017-18, giving the opposition Congress ammunition to attack and pushing the NDA government in defensive mode. New Delhi: A day the National Sample Survey Office’s Periodic Labour Force Survey recorded the unemployment rate in India at a 45-year-high, Prime Minister’s Economic Advisor, Bibek Debroy said that they will prepare a fresh jobs report. “The survey will show that there has been...

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Whose data

-The Indian Express Repeated government interventions in official data release run the risk of denting market trust in it The controversy over two top functionaries of the National Statistical Commission (NSC) resigning in protest over the NSSO (National Sample Survey Organisation) withholding its new employment survey adds to a growing list of government interventions in data releases. There is a common theme — the government is seen to take an adversarial...

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