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Squeeze on jobs -TK Rajalakshmi

-Frontline.in The Oxfam India report on employment says jobs remain a huge challenge in India where half of the workforce depends on agriculturefor livelihood. Employment, or the lack of it, has emerged as one of the most contentious issues in the general election this year. Most surveys show that the single biggest concern preoccupying the electorate, especially the youth, is unemployment. The very fact that the government introduced a quota for the...

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50 lakh people lost job opportunities after demonetisation: study

-The Hindu The 'State of Working India' report, published by Azim Premji University, was released on Tuesday Since the November 8, 2016 demonetisation, at least five million people lost opportunities to work across the country, while the overall unemployment rate doubled between 2011 and 2018 to 6%, says a 'State of Working India' (SWI) report published by the Centre for Sustainable Employment (CSE) of the Azim Premji University (APU) that was released...

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The self-employment conundrum -Arindam Gupta

-The Telegraph Funding small entrepreneurs will require more bank loans, preferably collateral-free, which will generate more NPAs The government has been compelling banks to adopt a softer lending policy to promote self-employment. The Pradhan Mantri Mudra Yojana, launched in 2015, provides collateral-free loans to small entrepreneurs outside the farming sector in three categories: Rs 50,000 loan in the ‘Shishu’, Rs 5,00,000 in the ‘Kishore’ and Rs 10,00,000 in the ‘Tarun’ segments respectively....

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Proposal for job guarantee scheme in small towns -Priscilla Jebaraj

-The Hindu The proposal, a version of which has been previously presented to the Congress and to a foundation working with other Opposition parties, has been released in a policy paper titled ‘Strengthening towns through sustainable employment’. With rising unemployment becoming a major poll issue, and several political parties proposing solutions for it in their election manifestos, a group of labour researchers have proposed a national urban job guarantee programme for small...

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Underemployment is the problem, not joblessness -Alok Ray

-The Hindu Business Line The dismal quality of graduates is impacting the job market. But even high skilled workers are finding the going tough A big controversy has erupted over job creation under the Modi regime —in particular, over whether the unemployment rate in 2017-18 is, in fact, the highest in four decades as CMIE data as well as the officially undisclosed but reported in the press NSSO data seem to indicate. Further,...

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