-Newsclick.in The authors propose a project to increase the long-term employment of women that decisively breaks from neoliberalism. Like other countries where the neo-liberal project is ascending, India is witnessing a rise in unemployment and a falling labour force participation of women. Proponents of the neo-liberal project claim that women’s labour force participation falls in periods of rising family incomes. The question, however, remains that even if family incomes were rising (though...
More »SEARCH RESULT
At the centre of job creation -KR Shyam Sundar
-The Hindu The government should re-establish its role as the principal employment generator With his announcement that 10 lakh government jobs will be provided over the next 18 months on a “mission mode”, Prime Minister Narendra Modi sent four messages. One, the creation of employment is indeed a problem and can no longer be hidden from the public discourse. Two, the private sector, especially modern sectors such as the service and manufacturing...
More »All is Not Well With India's Gig Economy -Nilanjan Banik
-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....
More »Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha
-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...
More »New EPFO accounts no proxy for new jobs -Santosh Mehrotra and Kingshuk Sarkar
-FinancialExpress.com Recent registrations cited as proof of job creation were mostly formalisation of existing jobs Defending the Centre’s record on employment, prime minister Narendra Modi, in a speech in Rajya Sabha, talked about the impressive net enrolment to Employment Provident Fund Organization (EPFO): during 2021, 1.20 crore beneficiaries were enrolled under EPF—about 65 lakh beneficiaries in the 18-25 age bracket, implying they are first-time entrants to the labour market. He connected the...
More »