While India’s economy has changed discernibly after the market-friendly economic reforms of 1991, not all is well with some features of the economy. Basic structural weaknesses remain, and many ...
The Mahatma Gandhi National Rural Employment Guarantee Act provides for the biggest welfare spending scheme by the Government of India. A pre-announced wage rate is paid under the scheme for labour pe...
The PM-SYM (Pradhan Mantri Shram Yogi Maan-dhan) is now being energetically promoted in the build-up to the general elections. But it is poor compensation for what the last session of the 16th Lok Sab...
According to a survey by the Centre for Monitoring Indian Economy, India’s unemployment rate reached its peak of 7.2 per cent in February 2019. This survey was conducted by interviewing households t...
Rating agency S&P will give credence to reforms in the agriculture and labour markets as well as easing of bad loan stress in the banking sector while deciding the future rating action on India, a...
An economy’s health is largely gauged by systematic and reliable data generated by the government and its agencies. Out of these, changes in employment (and unemployment) data are obviously an extre...
The suppressed National Sample Survey Office report on employment in India bears some deeply worrying evidence apart from the rising unemployment rate. One such is the decline in the labour force part...
The coronavirus outbreak poses a risk to the trade, production and supply chain and investors’ confidence, the government told Parliament on Tuesday, as labour economists said the worst hit would be...
Even the Cassandras are surprised by the ferocity of India’s economic slowdown. Last Friday, the Central Statistics Office stunned the pundits with the announcement that growth in real gross domesti...