-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
More »SEARCH RESULT
Total Matching Records found : 1713
Why are rural wages crawling when farm GDP growth is galloping -Gaurav Choudhury
-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet. The...
More »Jobs growth claims in India: a fact check -R Nagaraj
-Livemint.com The present government has incentivized employers to comply with the EPF law by making their contribution for three years to expand formal sector employment Surjit Bhalla and Tirtha Das’ (B-D, hereafter) background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council (PMEAC) website (goo.gl/Y5CLtF)—a welcome initiative. It claims: “While there are no official employment...
More »Why the NSSO Employment Surveys Shouldn't Have Been Done Away With -Sona Mitra
-TheWire.in The new periodic labour force surveys, while welcome, will create a situation where there would be no data system to compare the present with the past. In a recent interview, Prime Minister Narendra Modi apparently said, “more than a lack of jobs, the issue is a lack of data on jobs”. For those of us who have been using the National Sample Survey Organisation (NSSO) data on employment and unemployment for...
More »All you need to know about NABARD's 'agriculture household' survey -Sanjeeb Mukherjee
-Business Standard This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13 The recent survey by the National Bank for Agriculture and Rural Development (Nabard), which attracted criticism for increasing the threshold of income for agricultural households, has some insights into how the rural landscape in the country has been changing. Released on August 17, the survey defined those households as agricultural that...
More »
