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Youth unemployment in India at 10.2%, says Union Labour minister
4 weeks ago

Youth unemployment in India at 10.2%, says Union Labour minister

India Today  

The unemployment rate for youth of India aged 15–29 years in 2023-24 is at 10.2% said Union Minister of State for Labour and Employment Shobha Karandlaje, citing statistics in the Lok Sabha in response to a question on November 25, 2024. The reply also said that the youth unemployment rates in India were lower than global levels. A report by …

India Youth Employment Unemployment Youth Unemployment 2024 Rate
Has the growth of India’s economy translated into domestic jobs?
8 months, 2 weeks ago

Has the growth of India’s economy translated into domestic jobs?

Live Mint  

Recently, two international organizations published their assessment of India’s labour market and employment situation. Over the 42 years between 1980-81 and 2021-22, non-farm employment in India grew at a compounded average annual growth rate of 3.16%. As stated in its report, the concern of the World Bank is that the employment ratio in South Asian economies, including India, has declined …

India Youth Employment Growth Labour Jobs Economic Growth
Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments
10 months, 1 week ago

Decoding India’s economic realities: Comparing the state of the economy under the NDA and UPA governments

The Hindu  

February 12, 2024 11:06 pm | Updated February 13, 2024 09:54 pm IST With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Even then, the simple truth which is evident from the official data is that on average, real GDP growth was at least …

Finance India Economy Growth Tax Inflation Budget
The simmering debate over poverty rate
1 year, 7 months ago

The simmering debate over poverty rate

Live Mint  

London/Boston: As the 2024 elections approach, taking stock of the economy after a decade-long rule of the government led by Prime Minister Narendra Modi becomes a natural talking point. View Full Image Graphic: Mint According to the World Bank’s earlier $1.90 PPP per day line that defines extreme poverty, 23% of India’s population was poor in 2011-12, the last estimate …

India World Population Data Debate Indian World Bank
Poverty in India is on the rise again
3 years, 4 months ago

Poverty in India is on the rise again

The Hindu  

India has not released its Consumption Expenditure Survey data since 2011-12. Based on the Tendulkar poverty line, the poverty estimates for 2004-05 and 2011-12 are to be found in the Planning Commission’s own estimates using the CES of those years. Hence, we have extended the 2011-12 poverty line for each State and used the consumption expenditure reported by the PLFS …

India Poverty Data Poor Million Number Tendulkar