India's consumer price index (CPI)-based inflation could ease in the coming months thanks to the arrival of kharif crops, lower international commodity prices, and a pass through of lower input costs to consumers, the finance ministry said in its Monthly Economic Review (MER) for October, which was released on Thursday. The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports. "Easing international commodity prices and new Kharif arrival are set to dampen inflationary pressures in the coming months.
The state's revenue receipts might not afford various freebies announced by the parties, unless revenue deficit and hence fiscal deficit is widened.
The scarcity of resources is particularly evident in the case of Rajasthan compared to many other states.
This is the full text of the address to the nation by President Droupadi Murmu on the eve of India's 78th Independence Day.
'It is building the country's infrastructure, and delivering it very efficiently.'
Highlighting the plight of train drivers, the note said loco pilots, especially those who drive goods trains, work 14 to 16 hours a day and get to go home after three or four days.
Modi said these steps exemplified his government's approach of 'minimum government and maximum governance'.
Hopefully, the small recovery in the labour force and employment seen in the September-December 2017 wave will gather momentum in the coming waves, says Mahesh Vyas.The challenge, says Mahesh Vyas, is to find the corresponding jobs for these aspirants.
While overall employment rose from 456 mn to 463 mn between FY11 and FY15, with farm employment falling by 26 mn over the same period, the net addition to employment over the entire four year period was a mere 7 mn.
American economic historian and labour economist Claudia Goldin won the 2023 Nobel Economics Prize for her work examining wage inequality between men and women, the Royal Swedish Academy of Sciences said on Monday. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023 was awarded to 77-year-old Claudia Goldin "for having advanced our understanding of women's labour market outcomes" the prize-giving body said in a statement. Goldin will receive 11 million Swedish kronor, or around $1 million, as the sole winner of this year's prize.
'For the common man, the economic conditions are not going to get better.'
'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'
Unemployment was worse only in the pre-demonetisation period, according to the data, at 9.6 per cent in August 2016.
Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.
Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
'In difficult times as now, the call of the village is all that these migrants can hear,' observes Vijaya Pushkarna.
Users of employment / unemployment statistics can enjoy the benefits of -- initially the speed of private enterprise and then, the stamp of official statistics with a hopefully small time lag, says Mahesh Vyas.
'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.
A new paper by blames 'jobs deficit' for the decline in female labour force.
Moreover, the process to release those arrested between July 1 to August has started, and many have already been released, it added.
Prohibitory orders under Section 144 of the CrPC have been clamped in Mon town, but the situation is tense.
The Bill states a worker will be paid twice his or her wage if he or she is allowed to work overtime. A majority of workers in India worked more than 48 hours in a week, which is higher than the International Labour Organisation's prescribed time-limit.
Niti Aayog vice-chairman Rajiv Kumar debunked claims of jobless growth, saying how can a country grow at an average of 7 per cent without employment.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.
Mithun Chakraborty started from scratch in bit roles and had no Godfather backing him. Yet, remarkably, his career now straddles six decades and he continues to win acclaim, observes Dinesh Raheja.
Hundreds of migrant workers from Delhi, Haryana and even Punjab reached Anand Vihar, Ghazipur and Ghaziabad's Lal Kuan area after taking arduous treks of many kilometers on foot to take buses to their respective native places
Violence is just too stark, too TRP friendly and so it gets a lot of attention in the media. But the crime of discrimination is much worse because it is much greater, it attracts no attention and it has no recourse, says Mahesh Vyas.
Given the rapid changes in the Indian labour market, there is an urgent need to have current, accurate and publicly available data through regular, dynamic and comprehensive surveys. Indeed, this was the intention behind constituting the NITI Aayog Task Force on Improving Employment Data. The attempts by the government to "improve" labour data has actually made it worse, say Rosa Abraham, Janaki Shibu & Rajendran Narayanan.
The other members of the interim government will be finalised after consultations with various political parties, the press secretary added.
India's cement demand has consistently shown double-digit growth over the past few quarters, primarily driven by infrastructure spending. However, dealers and industry executives note that state elections, festival season, and, in some markets, weddings and pollution may temporarily disrupt this demand story. While the festival season typically sees a slowdown in construction activity, some dealers anticipate this lull extending throughout the entire month as multiple states enter election mode.
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.
Managing the senior generals has proven to be quite a headache for General Asim Munir, even as he and his team of loyal henchmen labour hard to dispel the sense of unhappiness among the public about the army's overbearing presence and interference in matters 'civilian', notes Rana Banerji, who headed the Pakistan desk at RA&W.
The Minimum Wages Act was enacted in 1948.
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.
However, the government has enacted an important change to the fixed-term employment framework that may help companies in handing out contractual jobs to its existing permanent workforce.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Workers moving out of agriculture to the rural labour force were largely getting absorbed in construction activities
Some India states are likely to record a significantly higher number of heatwave days, according to the national weather body.
The country's demographic dividend is dissipating, with seriously adverse consequences for young India, asserts Shankar Acharya, former Chief Economic Adviser to the Government of India.
