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Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed or Unemployment Rate?

In a recent blog post, Columbia University professor Arvind Panagariya mentions that the critics of the present Prime Minister of India failed to underscore ‘employment rate’ -- flip side of unemployment rate -- that stood at nearly 94 percent according to the report on Periodic Labour Force Survey 2017-18. A recent article by Dr. Vikas Rawal and Prachi Bansal, however, points out that in order to understand the problem of joblessness...

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The Dramatic Increase in the Unemployment Rate -Prabhat Patnaik

-Newsclick.in The Periodic Labour Force Survey Report 2017-18 clearly shows that there is a sudden jump in the unemployment rates across-the-board in 2017-18, compared to all preceding rounds of the NSSO. The report of the Periodic Labour Force Survey (PLFS) conducted in 2017-18 is finally out, and it confirms what had been leaked earlier, namely a dramatic increase in the unemployment rate in the Indian economy. The unemployment rate is given under...

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Shaky building blocks -Shailaja Menon

-Newsclick.in The draft National Education Policy reinforces outdated ideas about the goals of a foundational literacy programme Many children in elementary classrooms across India cannot read and write proficiently, as demonstrated on an annual basis by the Annual Status of Education Reports (ASER). This affects other school-based learning, as well as functioning in societies and economies that prize literacy. Capabilities of young children It was heartening, therefore, to see a chapter devoted to “Foundational...

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Thousands of School Teachers in Bihar Upset Over Non-Payment of Salaries for 3 Months -Mohd. Imran Khan

-Newsclick.in Continuing delays in payment of salaries have led various teachers’ association to question the state government’s commitment to the education sector in the state. Unhappy over the Nitish Kumar government’s apathy towards the non-payment of salaries since March this year, hundreds of school teachers’ associations in Bihar are questioning the state government’s commitment towards the education sector. Bihar Madhyamik Sikshak Sangh (BMSS) president Kedarnath Pandey said it is a matter of...

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Bank Frauds Zoom to Rs 71,500 Crore in 2018-19

-PTI A total of 6,800 cases of fraud were reported by scheduled commercial banks and some financial institutions in last fiscal, the RBI said in an RTI query. New Delhi: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India (RBI) has said. A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, it said. As...

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