-Newsclick.in Additional funds for MSMEs and MGNREGA are going to create enough jobs, but the economy will remain in doldrums. There has been much mutual patting on the back and self-congratulation, after the Narendra Modi government announced two policy measures that could have a direct impact on job creation. These were: a special credit line of Rs.3 lakh crore for MSMEs (medium, small and micro enterprises) and an additional allocation of Rs.40,000...

-The Hindu A stronger health system in a country can lead to better outcomes on the economic growth front When public health sneezes, the economy catches cold. Dire predictions for the post-COVID-19 global economy have come from the International Monetary Fund, which called the present crisis the worst downturn since the Great Depression. Grim forebodings for the Indian economy have been sounded by many distinguished economists and the Governor of the Reserve...

-Newsclick.in Directly or indirectly, the government seems uninterested in creating jobs. At a time of widespread and intense concern about the worst unemployment situation in 45 years and all the distress and discontent that accompanies it, one would have expected the Union government to put job-creation at the top of its priority-list. One of the most obvious and direct ways to do this would be to expand its own schemes and programmes...

-Economic and Political Weekly The Union Budget of 2020 is conspicuous by its non-recognition of the ongoing and widely discussed slowdown of the economy, let alone its impact on the different sections of the people. Given the negative growth in employment and consumption in the rural economy, the budget seems like a cruel joke on the plight of the poor, in general, and women, in particular. Instead of measures for boosting...

-The Times of India NEW DELHI: Some of the flagship employment generation and placement schemes, such as the Prime Minister’s Employment Generation Programme (PMEGP) and Deendayal Antyodaya Yojana-National Urban Livelihoods Mission, are expected to see a sharp decline in job creation during the current fiscal, according to data tabled in Parliament. Details provided by the labour & employment ministry states that the number of jobs generated under PMEGP plummeted from 5.87 lakh...