-The Hindu Female unemployment rose to 8.7% in 2015-16 from 7.7% a year earlier Jobless economic growth continues to haunt India's youth, with the country’s unemployment rate rising to a five-year high of five per cent in 2015-16, according to the latest annual household survey on employment conducted by Labour Bureau. India’s economy grew 7.1 per cent in the first quarter of 2015-16, slowing from 7.9 per cent a year earlier. The country’s...
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Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, speaks to Outlook
-Outlook Deputy director, ILO Decent Work Team for South Asia and Country Office for India, Sher Singh Verick on India’s high but “jobless” growth mystery Sher Singh Verick, deputy director, ILO Decent Work Team for South Asia and Country Office for India, strives to unravel India’s high but “jobless” growth mystery. Excerpts from an e-mail interview: * On high growth, low jobs Economic growth through investment, consumption and exports generally results in more jobs,...
More »Tackling poverty in India: Jobs, not transfers, the big poverty-buster -Carlos Felipe Balcazar, Sonalde Desai, Rinku Murgai and Ambar Narayan
-The Indian Express Between 2005 and 2012, structural changes drove poverty reduction — non-agricultural incomes rose the fastest, and the largest shifts from farm to salaried non-farm employment were seen among the poorest. The significant shift from farm work to non-farm sources of income accelerated the decline in poverty in India. Non-farm jobs pay more than agricultural labour, and incomes from both were propelled by a steep rise in wages for rural...
More »The Union Budget’s political message -Smita Gupta
-The Hindu The Union Budget 2016-17 is also the BJP’s way of trying to woo what was always a Congress constituency – rural India. Finance Minister Arun Jaitley’s third budget has a clear political message: aimed at creating a “feel good” sense among farmers and the rural poor with an eye to the slew of state elections due soon, it is an attempt to change the perception that this is a pro-rich...
More »92% rural homes run on less than Rs 10,000 per month -Subodh Varma
-The Times of India NEW DELHI: Giving a more storied picture of rural India, the Socio-Economic and Caste Census (SECC) released on Friday says that a staggering 92% of rural households reported their maximum income below Rs 10,000 per month. Nearly three quarters of all rural household said that the income of the highest earning member was Rs 5,000 or less. The SECC was conducted during 2011-12 with some states completing it...
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