A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in. (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...
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Global Hunger Index: Welcome to India, world's hottest economy where 39% kids are stunted -Dinesh Unnikrishnan
-FirstPost.com Prime Minister Narendra Modi took a jibe at India's perennially hostile neighbour Pakistan at his Kozhikode speech, just a few days ahead of the 'surgical attacks' conducted by the Indian army's special forces at LoC. The Prime Minister said India is ready for a war with Pakistan, but a war on poverty, unemployment and malnutrition. Modi's 'war cry' resonated well in Pakistani media, too. It seems we, Indians, are indeed...
More »Gujarat's 'uncles' and their employment exchanges -Rutam Vora
-The Hindu Business Line Despite a recent crackdown, employers continue to wield power in the child labour racket Rajan (name changed) is nowhere to be seen. About a month ago, the 12-year-old and his younger brother Yash (name changed) were working at a roadside tea stall located on one of the busiest roads in the financial capital of Gujarat. The tea stall, as claimed by the boy, was owned by his 'uncle'...
More »Joblessness at 5-year high, reveals survey -Subodh Varma
-The Times of India NEW DELHI: Joblessness in India is running at a five-year high of 5% of the 15-plus-years work force. Over a third of working people are employed for less than a year and 68% of households are earning up to only Rs 10,000 per month, according to a new employment-unemployment (EU) survey report conducted by the Labour Bureau. Over 7.8 lakh persons in 1.6 lakh households were surveyed across...
More »India's unemployment rate highest in 5 years in 2015-16
-PTI The figures could be an alarm bell for BJP-ruled government at the Centre, which has taken a series of steps such as 'Make in India' to create jobs for inclusive growth in the country. Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure significantly higher at 8.7 per cent for women as compared to 4.3 per cent for men,...
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