-News18.com Citing data from provident fund and National Pension System (NPS), Income Tax filings and sale of vehicles among others, the Prime Minister said crores of jobs had been created in the last four and half year. New Delhi: Facing criticism over lack of job creation by his government, Prime Minister Narendra Modi on Friday rejected allegations of rising Unemployment and said crores of new jobs have been created in formal...
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Numbers That Count: An Assessment of the Union Budgets of NDA II -CBGA
-Centre for Budget and Governance Accountability (CBGA) The Interim Union Budget 2019-20, the last budget presented by the incumbent government, comes at a time when the economy is beset with myriad problems. Among the various challenges facing the economy, perhaps the most critical are those related to the acute agrarian distress, burgeoning Unemployment and slowing down of the economy. While it is true that many of these problems began prior to...
More »Students hit Delhi streets for jobs -Pheroze L Vincent
-The Telegraph The main organisers of the march included the student and youth wings of the CPIML-Liberation, Samajwadi Party and Swaraj India They came for jobs and to defend the quota. Thousands of students hit the streets of the national capital on Thursday, marching from Red Fort to Sansad Marg, to demand better employment and education opportunities in a show of strength that brought together youths from across the country. The 6km march of...
More »Budgetary Sops Will Do Little to Fix Unemployment and Poverty in India -Sunanda Sen
-Macroscan.org The Budget sops will not provide a solution to problems of poverty and Unemployment in India, which result from structural changes creating a mass of unutilised and underutilised labour force. Please click here to read more. ...
More »Square pegs, round holes -Amartya Lahiri
-The Indian Express Possibly the most problematic aspect of evaluating the budget is the opaqueness of the underlying data. The interest in this year’s Union budget had been high for obvious reasons. It being an election year, there were expectations of a major spending package focused on struggling sectors such as agriculture. The budget didn’t disappoint as the finance minister announced an income support programme for farmers, raised the tax-free income...
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