Mahesh Vyas

All stories by Mahesh Vyas

Employment: Glad tidings from January

Employment: Glad tidings from January

Rediff.com5 days ago

January 2021 more than recovered the loss of employment of the past three months, notes Mahesh Vyas.

Why households are unhappy with the Budget

Why households are unhappy with the Budget

Rediff.com23 Feb 2021

The finance minister did very well for equity market investors but not so with families, reveals Mahesh Vyas.

Not a Budget for Employment

Not a Budget for Employment

Rediff.com12 Feb 2021

It is important to increase employment in general. It is even better to increase good quality jobs. Strategically, it is important to move people from farms to factories to improve overall labour productivity. It is important to improve job opportunities for women, for urbanites and for the educated. The Budget does not contain ideas to do any of this, points out Mahesh Vyas.

Why does the FM ignore JOBS issue?

Why does the FM ignore JOBS issue?

Rediff.com8 Feb 2021

The Economic Survey will remain a documentation of the government's resolve to not recognise the severe stress on the labour markets and on the livelihoods of Indian households arising out of the pandemic and the consequent lockdown, observes Mahesh Vyas.

20-somethings account for 80% job losses

20-somethings account for 80% job losses

Rediff.com29 Jan 2021

Those who lost jobs in December were women, graduates, post graduates, salaried employees, observes Mahesh Vyas.

SCARY! Huge increase in unemployment

SCARY! Huge increase in unemployment

Rediff.com19 Jan 2021

The count of the unemployed mounted to 38.7 million in December 2020 compared to 27.4 million in November, registering a massive increase of 11.3 million, reveals Mahesh Vyas.

Corporate India cut wages amid soaring profits

Corporate India cut wages amid soaring profits

Rediff.com7 Jan 2021

The cut in wages by companies whose operations were not shut by the lockdown was more likely opportunistic than out of business compulsions to survive the lockdown. If this is true, then it is worth wondering what kind of opportunism was this? Was it to make a quick buck or was it to use a crisis to engineer a structural change that was necessary, asks Mahesh Vyas.

No Country for Young Working Women

No Country for Young Working Women

Rediff.com29 Dec 2020

'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.

Economic recovery is not complete

Economic recovery is not complete

Rediff.com4 Dec 2020

The recovery seen in the increased economic activity till September or October is running out of steam. Labour statistics indicate a substantial slowing down of the economy in November, notes Mahesh Vyas.

As India Inc's profits soar, wage bill falls

As India Inc's profits soar, wage bill falls

Rediff.com27 Nov 2020

The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.

Listed companies increased headcount in a bleak year

Listed companies increased headcount in a bleak year

Rediff.com24 Nov 2020

These companies provide better quality jobs and so it is particularly reassuring to see these jobs grow faster than the overall growth of jobs in India, says Mahesh Vyas.

Why Tejashwi's job promise hit the nail

Why Tejashwi's job promise hit the nail

Rediff.com10 Nov 2020

The addition of a million jobs as promised by Tejashwi Yadav would make a big impact. But the electorate needs to raise its expectations, notes Mahesh Vyas.

Jobs: October has some bad news

Jobs: October has some bad news

Rediff.com2 Nov 2020

Keeping the employment rate from slipping is challenging. To merely keep the employment rate unchanged, the economy has to generate additional jobs. It needs to run to stay where it is, points out Mahesh Vyas.

India needs to create 8 mn jobs every year!

India needs to create 8 mn jobs every year!

Rediff.com22 Oct 2020

Nothing in India's recent history suggests that India can provide 8-9 million jobs a year, let alone generate 50 million jobs in any reasonable time, notes Mahesh Vyas.

The good and bad news on jobs

The good and bad news on jobs

Rediff.com19 Oct 2020

The labour participation rate tells us how many of the working age population are willing to be employed. If this proportion keeps falling as it evidently is, it does not bode well for India's growth story. It renders all stories of a revival in the economy as a myth, warns Mahesh Vyas.

Lockdown wipes out job gains since 2016

Lockdown wipes out job gains since 2016

Rediff.com6 Oct 2020

The biggest loss of jobs among salaried employees was of 'white-collar professional employees and other employees'. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on, who are professionally qualified and are employed in some private or government organisation All the gains made in their employment over the past four years were washed away during the lockdown, reveals Mahesh Vyas.

India lost 21 million jobs in the Covid lockdown

India lost 21 million jobs in the Covid lockdown

Rediff.com16 Sep 2020

There were 86 million salaried jobs in India during 2019-2020. In August 2020, their count was down to 65 million. The deficit of 21 million jobs is the biggest among all types of employment, points out Mahesh Vyas.

Jobs for youngsters dwindle in slowing economy

Jobs for youngsters dwindle in slowing economy

Rediff.com8 Sep 2020

'The 20 to 24 age group accounted for 35% of job losses till July.' 'The 25 to 29 age bracket account for 46% of all job losses,' reveals Mahesh Vyas.

Loss of Salaried Jobs in Lockdown: 17 million

Loss of Salaried Jobs in Lockdown: 17 million

Rediff.com2 Sep 2020

'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.

18.9 million salaried employees lost jobs in lockdown

18.9 million salaried employees lost jobs in lockdown

Rediff.com21 Aug 2020

While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.

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