Job growth should address India’s socio-economic concerns
6 years, 3 months ago

Job growth should address India’s socio-economic concerns

Hindustan Times  

Resolving the jobs question is central to India’s future prosperity and stability. For an economy as large and diverse as India, a successful resolution of the employment challenge is impossible without confronting deeper socio-economic questions. Political parties repeatedly commit themselves to safeguarding reservations in government, yet any discussion on private sector reservations continues to be a taboo in the mainstream political discourse. The report has a central message: Gandhi and Ambedkar must meet Kuznets and Lewis to solve India’s employment challenge. Gandhi stands for environmental sustainability, Ambedkar for social justice, Kuznets for the labour force shifting from farm to non-farm jobs and Lewis for a shift from less productive to more productive sectors.

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History of this topic

Stagnant wages amid fast economic growth: We need an Indian Enlightenment
2 days, 16 hours ago

Stagnant wages amid fast economic growth: We need an Indian Enlightenment

Live Mint  

India’s economic growth story has been impressive. Wage stagnation amid rising inflation: The disparity between India’s economic growth and stagnant wages is stark. Chief economic advisor V. Anantha Nageswaran warns that low wages could stifle India’s long-term potential by weakening consumer demand and the quality of life for millions. This is not the template for a ‘Viksit Bharat.’ The paradox …

Budget 2025: 7 ways government can boost employment
1 week, 1 day ago

Budget 2025: 7 ways government can boost employment

India Today  

With Budget 2025-26 set to be unveiled by Finance Minister Nirmala Sitharaman on February 1, the Confederation of Indian Industry has outlined a seven-point agenda to boost employment. NATIONAL EMPLOYMENT POLICY CII recommends a comprehensive National Employment Policy to integrate existing employment schemes from various ministries and states. DATA-DRIVEN EMPLOYMENT INSIGHTS To improve job creation strategies, CII suggests developing a …

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 …

Centre questions Citigroup’s report on employment in India
6 months ago

Centre questions Citigroup’s report on employment in India

The Hindu  

The Union Labour Ministry questioned the findings of a report prepared by the United States-based banking giant Citigroup and said the group failed to account for the “comprehensive and positive employment data” available from official sources such as the Periodic Labour Force Survey and the Reserve Bank of India’s capital, labour, energy, material and services data. The Citigroup’s report had …

What job data says about the economy
1 year ago

What job data says about the economy

Hindustan Times  

The decade beginning in 2000 was one of the best as far as the Indian economy’s growth prospects were concerned. PREMIUM New Delhi, India - Feb. 16, 2018: Candidates apply for jobs at 'Job Fair' organized by Directorate of Employment, Delhi Government at Tyagraj Sports Complex in New Delhi, India, on Friday, February 16, 2018. However, headline employment numbers from …

Labour and its discontents
1 year, 3 months ago

Labour and its discontents

Hindustan Times  

There is a widespread consensus that employment generation is India’s central economic challenge. At one level, it can be argued that failure to reduce the employment share of agriculture is India’s biggest labour market challenge. At another, it can also be argued that the quality of non-agricultural jobs, caste-based inequalities in labour markets and a big gender gap in employment …

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 …

Budget 2019: Can Nirmala Sitharaman solve India's job crisis?
5 years, 6 months ago

Budget 2019: Can Nirmala Sitharaman solve India's job crisis?

India Today  

Finance minister Nirmala Sitharaman is all set to present her maiden budget on July 5 at a time when India's economic growth has slumped sharply and questions have been raised over a rise in unemployment. CURRENT JOB OUTLOOK India's unemployment rate stood at 8.1 per cent as of June 25, 2019, according to data released by Centre for Monitoring Indian …

Why a full-blown unemployment crisis is awaiting India’s next govt; political theatrics may no longer work to hide the problem
5 years, 10 months ago

Why a full-blown unemployment crisis is awaiting India’s next govt; political theatrics may no longer work to hide the problem

Firstpost  

Two recent studies about the unemployment/financial situation of the average Indian worker, conducted by separate independent agencies, offer further disturbing evidence about India’s worsening job situation. The first is from the Centre for Monitoring Indian Economy, which said at 7.2 percent, the country’s unemployment rate in February was worst in at least 29 months when labour force dwindled 25.7 million …

Blueprint for job creation by January-end: Piyush Goyal
5 years, 11 months ago

Blueprint for job creation by January-end: Piyush Goyal

Live Mint  

New Delhi: The government will come out with a blueprint for creating high-paying jobs for the youth as it tries to assess the job situation on the ground and fix the problems, Railway minister Piyush Goyal said on Tuesday. “The government, economists and think tanks need to engage more to find more paying and quality employment opportunities for the youth …

How Do You Solve a Problem Like Joblessness in India?
6 years, 2 months ago

How Do You Solve a Problem Like Joblessness in India?

The Quint  

To compound the issue, what is truly baffling is the idea of ‘gainful employment’ for 460 million Indian workers that focuses on improved quality of work and the income derived from it. Government schemes like ‘Skill India’, ‘Make in India’, ‘Prime Minister's Employment Generation Programme’, ‘Pradhan Mantri Rojgar Protsahan Yojana’, and ‘Pradhan Mantri Kaushal Vikas Yojana’ aimed at more fulfilling, …

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 …

The Jobs Crisis in India: An account of a real problem that some fail to understand, and some pretend not to
6 years, 3 months ago

The Jobs Crisis in India: An account of a real problem that some fail to understand, and some pretend not to

Firstpost  

As the title suggests, Jagannathan admits the existence of a jobs crisis in the country, which needs to be seen in the backdrop of constant denials and playing down of this critical issue by many in the NDA-government and by right-leaning economists. The chapters are designed to debate some of the long-known issues concerning India’s job market, most importantly the …

India’s job challenge: Options aplenty but well-paying ones elude workforce
6 years, 4 months ago

India’s job challenge: Options aplenty but well-paying ones elude workforce

Hindustan Times  

Everybody agrees that employment generation is India’s biggest political-economy challenge. While the share of agriculture in India’s GDP has been coming down, its share of employment has been relatively constant. The relative share being greater than one will mean that the sector’s income share is greater than its employment share in the economy. A 2014 Reserve Bank of India working …

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 …

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