Mahesh Vyas

All stories by Mahesh Vyas

Explaining Young India's Anger Over Agnipath

Explaining Young India's Anger Over Agnipath

Rediff.com30 Jun 2022

Agnipath offers jobs to youngsters between 17.5 years and 23 years of age. The unemployment rate in this age group has risen from around 23% in 2017 to over 50% since 2020. Every second person who is looking for employment in this age group is unemployed, explains Mahesh Vyas.

Significant Increase In Industrial Jobs

Significant Increase In Industrial Jobs

Rediff.com14 Jun 2022

The growth is particularly remarkable because it comes at levels higher than during the pre-Covid times, notes Mahesh Vyas.

Labour Force INCREASED By 8.8 Million In April

Labour Force INCREASED By 8.8 Million In April

Rediff.com27 May 2022

This is one of the largest monthly increases in the labour force, observes Mahesh Vyas.

At 38.2 million, unemployed would be largest in any year

At 38.2 million, unemployed would be largest in any year

Rediff.com10 May 2022

It would be larger than even in the pandemic year of 2020-2021, notes Mahesh Vyas.

Workforce Shrank By 3.8 Million In March

Workforce Shrank By 3.8 Million In March

Rediff.com22 Apr 2022

What the labour market statistics of March 2022 show is India's biggest sign of economic distress, points out Mahesh Vyas.

Middle Income Groups See An Uptrend In Income

Middle Income Groups See An Uptrend In Income

Rediff.com4 Apr 2022

This is reflected in an improvement in their sentiments as well, explains Mahesh Vyas.

India Wants To BUY At Last!

India Wants To BUY At Last!

Rediff.com17 Mar 2022

A change in the desire to buy consumer durables is perhaps the most important indicator of an economy changing direction, explains Mahesh Vyas.

Who Are India's 'Unemployed'?

Who Are India's 'Unemployed'?

Rediff.com15 Mar 2022

An overwhelming proportion of the unemployed declare their nature of occupation as students. In the quarter ended December 2021, 77% of the unemployed who were actively looking for jobs were students. This syncs well with another data, that 77% of the unemployed are between 15 and 24 years of age, reveals Mahesh Vyas.

Households Happier With Budget Than Markets

Households Happier With Budget Than Markets

Rediff.com18 Feb 2022

Evidently, households see a brighter future after the Budget, reveals Mahesh Vyas.

India's Employment Rate Lower Than Pakistan, Bangladesh

India's Employment Rate Lower Than Pakistan, Bangladesh

Rediff.com9 Feb 2022

Only West Asia and North Africa have a lower employment rate than India, points out Mahesh Vyas.

India's Employment Challenge

India's Employment Challenge

Rediff.com13 Jan 2022

Eighteen months after the economy was battered by the Covid-induced lockdown, employment has not recovered to its pre-pandemic levels, points out Mahesh Vyas.

Indians Can't Afford To Remain Unemployed

Indians Can't Afford To Remain Unemployed

Rediff.com4 Jan 2022

Households with only one employed person can be considered to be somewhat vulnerable. Their proportion is rising. Also rising is the proportion of highly vulnerable households with no person employed, observes Mahesh Vyas.

Households have not recovered

Households have not recovered

Rediff.com23 Dec 2021

'We are today worse off today compared to where we were two years ago by as much as 43 per cent,' notes Mahesh Vyas.

Employment may go past pre-Covid levels in October

Employment may go past pre-Covid levels in October

Rediff.com28 Oct 2021

The week ended October 17 was remarkable as it saw a fall in the unemployment rate. We have not seen such a level in any monthly estimate of the employment rate since March 2020, Mahesh Vyas points out.

Optimism in the air, mixed with hesitancy

Optimism in the air, mixed with hesitancy

Rediff.com22 Oct 2021

Something seems to be working for Indian consumers. Yet, the Indian consumer expresses some caution this festive season, reveals Mahesh Vyas.

8.5 Million Indians Got JOBS In September

8.5 Million Indians Got JOBS In September

Rediff.com18 Oct 2021

Of these 8.5 million additional people employed in September, 6.5 million were in rural India, reveals Mahesh Vyas.

8.8 Million Loss Of Salaried Jobs

8.8 Million Loss Of Salaried Jobs

Rediff.com30 Sep 2021

In the past 12 months, since September 2020, the net cumulative increase in employment has been just 44,483. This is negligible -- just 0.04 million on a base of over 400 million jobs, reveals Mahesh Vyas.

19 lakh jobs were lost in August 2021

19 lakh jobs were lost in August 2021

Rediff.com15 Sep 2021

Labour seems to have found employment as maids, cooks, gardeners, security guards and the like -- a transition that could be described as from farms to the kitchen sink, instead of farms to factories, observes Mahesh Vyas.

Labour Migration to Farms is Bad News

Labour Migration to Farms is Bad News

Rediff.com20 Aug 2021

Casual labour, which is the type of employment provided by agriculture, yields much lower wages -- of the order of Rs 291 per day. Labour would not voluntarily shift to this lowest wage-rate sector unless it had no better option, observes Mahesh Vyas.

Promising RISE in Employment in July

Promising RISE in Employment in July

Rediff.com6 Aug 2021

The steady rise through most of July implies a greater demand for jobs. And most of this demand is being met, says Mahesh Vyas.

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