Dev 360: On the jobs front, all is still not well
5 years, 11 months ago

Dev 360: On the jobs front, all is still not well

Deccan Chronicle  

"How’s the josh?” Prime Minister Narendra Modi asked the film fraternity while inaugurating the National Museum of Indian Cinema in Mumbai recently. The government insists that all is well on the jobs front in Mr Modi’s “New India”. However, “since the 1990s, and particularly in the 2000s, GDP growth has accelerated to seven per cent but employment growth has slowed to one per cent, or even less. The increase in unemployment is clearly visible all across India, but is particularly severe in the northern states.” In a 2017 article in the Economic and Political Weekly, Dr Vinoj Abraham of the Centre for Development Studies, Thiruvananthapuram, also pointed out that since 2011–12 the labour market in India is facing a severe crisis with employment growth stagnating across almost all sectors, and unemployment rate is worsening. “For example, one woman undertook tailoring, brick kiln work, daily labour, and mid-day meal cooking to earn Rs 2,700 a month while another performed brick kiln work, daily labour, sand mining, and agricultural work to earn Rs 6,800.” To tweak a famous phrase from that other Bollywood hit Three Idiots — aal izz not well on the jobs front!

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History of this topic

PM Modi govt created 17.19 crore jobs in 10 years compared to UPA’s 2.9 crore: Mansukh Mandaviya
1 week, 5 days ago

PM Modi govt created 17.19 crore jobs in 10 years compared to UPA’s 2.9 crore: Mansukh Mandaviya

Live Mint  

The employment in the country has increased by 36 per cent to 64.33 crore in 2023-24 from 47.15 crore in 2014-15, showing improvement in job creation during NDA period, PTI quoted Union Labour Minister Mansukh Mandaviya as saying on Thursday. Comparing the data with Congress-led regime between 2004-2014, the minister while speaking to the media said that the employment in …

2014-2024 has seen jobloss growth: Congress questions govt’s job creation claims
3 months, 2 weeks ago

2014-2024 has seen jobloss growth: Congress questions govt’s job creation claims

Hindustan Times  

The Congress on Monday questioned the government’s claims on job creation data, adding that no spin doctoring can take away from the fact that 2014-2024 has seen “jobloss” growth. Quoting the content of the report, Congress claimed that the current ruling dispensation equated the unpaid household to the work done by women as “employment” which is not a new job …

IT and textile sector labelled 'job destroyers,' significant decline in job growth in FY 2023-24: BoB report
4 months, 3 weeks ago

IT and textile sector labelled 'job destroyers,' significant decline in job growth in FY 2023-24: BoB report

Hindustan Times  

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5 per cent in FY24, compared to a 5.7 per cent rise in FY23, according to a report by Bank of Baroda. Job growth increased by just 1.5% in FY24, compared to a 5.7% rise in FY23, {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The report highlighted that only …

Job Creation Seems Better Than Before but What About Quality and Sustainability?
5 months, 1 week ago

Job Creation Seems Better Than Before but What About Quality and Sustainability?

The Quint  

India's job market landscape presents a complex narrative, characterised by both positive indicators and underlying anxieties. The Reserve Bank of India recently published 'Measuring Productivity at the Industry Level-The India KLEMS Database,' providing data on employment trends across 27 key industries in India. The database, spanning FY 1980-81 to 2022-23 aims to provide critical data points on economic output, worker …

In search of jobs: On the challenge of employment generation
5 months, 4 weeks ago

In search of jobs: On the challenge of employment generation

The Hindu  

Employment generation will remain a major challenge before the Narendra Modi government in its third term, and the upcoming Union Budget is expected to take note of it. The ILO’s India Employment Report had also warned that the share of manufacturing employment was stagnant, at around 12%-14% and the slow transition of jobs from agriculture to non agriculture reversed due …

RBI Data on Job Creation A Shot in the Arm for Modi Sarkar Ahead of Budget
6 months ago

RBI Data on Job Creation A Shot in the Arm for Modi Sarkar Ahead of Budget

News 18  

A recent RBI data saying India has added 2.5 times more jobs in the financial year 2023-24 — the highest since 1981-82 — has given the perfect ammunition to the government and the finance ministry to counter the perception being spread by the Opposition that governance is crippled and slowed down. In fact, the government — as well as the …

Govt boosted employment in traditional as well as emerging sectors: PM Modi
1 year, 2 months ago

Govt boosted employment in traditional as well as emerging sectors: PM Modi

The Hindu  

Prime Minister Narendra Modi asserted on Saturday that his government has boosted employment opportunities in traditional as well as emerging sectors like renewable energy, defence exports and automation. “Today, India is equipping its youths with skills and education to harness emerging opportunities.” "India's trajectory and the pace of its progress are generating new employment prospects across all sectors," he said. …

Will PM Modi's 'one million job' drive help ease the employment crisis?
2 years, 7 months ago

Will PM Modi's 'one million job' drive help ease the employment crisis?

Business Standard  

Battered by demonetisation, pandemic and subsequent lockdowns, the Indian economy has started showing some signs of revival now. And amid these hopeful and gloomy numbers, Prime Minister Narendra Modi on Tuesday announced to give central government jobs to 1 million people in the next year and a half. If we were to assume that state employment is four times that …

What forced PM Modi's jobs push now
2 years, 7 months ago

What forced PM Modi's jobs push now

India Today  

Prime Minister Narendra Modi has reviewed the status of human resources in all central government ministries and departments and ordered the recruitment of 10 lakh people in a mission mode in the next 18 months,” the PM's Office said in a tweet on Tuesday. — PMO India June 14, 2022 Tuesday’s tweet from the PMO follows protests by frustrated job …

No talk of jobs will not make the issue go away
5 years, 6 months ago

No talk of jobs will not make the issue go away

Deccan Chronicle  

Before the elections, Prime Minister Narendra Modi, then Bharatiya Janata Party president Amit Shah and then Union finance minister Arun Jaitley had offered anecdotal evidence to argue that it was not true that there were no jobs. Of course, messrs Modi, Shah, Jaitley did not feel the need to refer to the exact number of jobs that could have been …

Employment generation remains the toughest job
5 years, 6 months ago

Employment generation remains the toughest job

Live Mint  

New Delhi: The greatest challenge that the Narendra Modi-led government faces in its second term is that of job creation. At the same time, the share of workers with a regular job was also higher than that recorded in any other official jobs survey in the past. As a Mint analysis based on data from annual reports of companies and …

Employment generation remains the toughest job
5 years, 6 months ago

Employment generation remains the toughest job

Live Mint  

New Delhi: The greatest challenge that the Narendra Modi-led government faces in its second term is that of job creation. At the same time, the share of workers with a regular job was also higher than that recorded in any other official jobs survey in the past. As a Mint analysis based on data from annual reports of companies and …

Unemployment rate, highest in 45 years, touches 6.1%
5 years, 7 months ago

Unemployment rate, highest in 45 years, touches 6.1%

Hindustan Times  

Confirming unemployment rate projected in a pre-election leaked report, the government Friday said joblessness in the country was 6.1 per cent of total labour force during 2017-18, the highest in 45 years. Data released by the labour ministry on a day when Modi 2.0 Cabinet took charge, showed 7.8 per cent of all employable urban youth being jobless. The data …

Agenda for new government: Creating jobs
5 years, 7 months ago

Agenda for new government: Creating jobs

India Today  

Irrespective of the political party or formation assuming power in New Delhi after the May 23 result, the biggest challenge for the new government would be to generate adequate employment opportunities - to take care of about 12.8 million new entrants to the workforce every year and those migrating out of agriculture to non-farm sectors. Though no official data is …

Around 15 million jobs created by the Modi govt per year, but the ‘liberal’ propaganda won’t stop
5 years, 10 months ago

Around 15 million jobs created by the Modi govt per year, but the ‘liberal’ propaganda won’t stop

Op India  

One of the best articles I read last week was by Dr Surjit S. Bhalla which provided an explanation behind the rise of the use of fake news and fake analysis. This further indicates that there’s a positive change in the data so there must be robust job creation within the economy. Indeed, EPFO data represents a formal sector of …

Centre's 70 lakh-jobs claim seems dubious, says P Chidambaram
5 years, 10 months ago

Centre's 70 lakh-jobs claim seems dubious, says P Chidambaram

Deccan Chronicle  

Hyderabad: Former finance minister P. Chidambaram on Tuesday asked how many jobs the Centre had created, what kind of jobs and where they had been created. “The claim of 70 lakh jobs created is viewed sceptically as there is a decline in growth over the last four years. Does this mean that the lower the growth more the number of …

What company reports tell us about job creation
6 years, 1 month ago

What company reports tell us about job creation

Live Mint  

Mumbai/New Delhi: As the 2019 election approaches and the debate on job creation intensifies, it is worth asking how India has fared in terms of job growth since the Narendra Modi-led National Democratic Alliance swept to power in 2014. While credible data on overall job creation in the economy over the past four years is not available, jobs data reported …

Has economic growth in India been jobless?
6 years, 1 month ago

Has economic growth in India been jobless?

Live Mint  

New Delhi: With the election season upon us, the discourse has already shifted to jobs. According to the World Bank, this is both an unfair and fair criticism: Economic growth has created jobs but just not enough or of the right quality. In a report published earlier this year, as part of its South Asia Economic Focus series, the World …

The enormity of job challenge that India faces
6 years, 2 months ago

The enormity of job challenge that India faces

Live Mint  

While there is no clarity on the extent of jobs created in the economy since 2011-12, there is no disagreement that the economy has failed to create enough jobs. The unrest among farmers driven by declining incomes is also a manifestation of the problem of employment in a country with almost half of the total workforce working in agriculture. The …

Not enough jobs, private investments missing: What’s wrong with the world’s fastest growing economy?
6 years, 2 months ago

Not enough jobs, private investments missing: What’s wrong with the world’s fastest growing economy?

Firstpost  

A report from rating agency CARE, released early this week, revealed that India’s employment scenario is not looking good. It said job growth in corporate India moderated to 3.8 percent in fiscal year 2018, from 4.2 percent in the previous fiscal and the problem is most severe with smaller companies. A decline in the job numbers would also give room …

Did the Indian economy create nearly 13 million jobs in 2017?
6 years, 4 months ago

Did the Indian economy create nearly 13 million jobs in 2017?

Hindustan Times  

In a study prepared as a background report for the Prime Minister’s Economic Advisory Council, economists Surjit Bhalla and Tirthatanmoy Das have claimed that the Indian economy created around 12.8 million jobs in 2017. The authors also claim that net job creation between 2013 and 2017 in India was 22.1 million, which is much better than the creation of 11 …

India’s world-beating growth not enough to end deep jobs drought
6 years, 4 months ago

India’s world-beating growth not enough to end deep jobs drought

Live Mint  

Mumbai/New Delhi: The world’s fastest growing major economy isn’t growing nearly fast enough. Yet analysts generally agree that more needs to be done to open up the economy, attract foreign capital and generate the kind of wealth and business opportunities that has broadened the middle class in China, whose $12.2 trillion economy is more than four times as big as …

Opinion | Jobs growth claims in India: a fact check
6 years, 4 months ago

Opinion | Jobs growth claims in India: a fact check

Live Mint  

Surjit Bhalla and Tirtha Das’ background paper, titled All You Wanted To Know About Jobs In India, But Were Afraid To Ask, is now available on the Prime Minister’s Economic Advisory Council website —a welcome initiative. It claims: “While there are no official employment surveys post 2015.there are several individual pieces of data suggesting a healthy growth in employment in …

'If economy is growing, how can job market not expand?', PM Modi rebuts Opposition allegations on unemployment
6 years, 5 months ago

'If economy is growing, how can job market not expand?', PM Modi rebuts Opposition allegations on unemployment

India TV News  

Prime Minister Narendra Modi rebuted the Opposition's allegations on lack of job growth, saying India is among the major economies of the world. In an exclusive interview to ANI, Prime Minister Modi said, "When economy is growing at a faster pace, in fact fastest among the major economies, how will the jobs market not expand?" Citing his speech in the …

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