The Model Code of Conduct for the ongoing Lok Sabha elections has come in the way of release of routine economic data like the consumer price indices.
The motion was given by Gurudas Dasgupta (CPI), Rupchand Pal and Santashri Chatterjee (both CPI-M) who were sharply critical of the government's "insensitive" attitude to large scale retrenchment and wage cuts and spoke of job losses to the tune of 20 lakhs (Rs 2 million) in the country.
From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.
T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.
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.
Sinha said the data on economic growth put out by the Central government cannot be trusted.
Sticky labour laws and a difficult business environment have led to employers shifting their new hiring in favour of contract labour where social security is much lesser, says Mahesh Vyas.
Central and state government employees would be entitled to five per cent additional dearness allowance of basic pay and 50 per cent DA from July 1, 2006 following proportionate increase in price index since January this year.
'The top 10 industries encompass 84% of the total new payrolls, indicating that industry is coming on steam after the initial hiccups following GST,' say Soumya Kanti Ghosh and Pulak Ghosh.
The government plans to start 100 centres in two years, which will also become a career counselling centre for job-seekers.
India's unemployed, the report said, were mostly those with higher education degrees and the young.
Retrenchment of workers in the organised sector has gone up by 10 per cent to 3,952 persons in 2002-03 as opposed to 3,594 persons retrenched in the previous year, the Rajya Sabha was informed on Thursday.
How soon can India reach a point when there is no hidden underemployment and all who want work can find it at a fair wage and decent work conditions, asks Nitin Desai.
There is an attempt to brush aside the results of all surveys that point to a deteriorating jobs situation. This is counter-productive, says Mahesh Vyas.
Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.
7 million jobs will be created in formal sector in FY18
Although demonetisation and improper implementation of GST along with falling prices are being blamed for much of the distress in rural India for some time, experts believe those may not be the only reason.
'The Chinese made their point repeatedly after August 5. They backed Pakistan more overtly than in the past.' 'Kashmir is not completely off their radar. But in order to keep the atmosphere surrounding the Chennai meeting, they did not discuss Kashmir.'
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
This whirlwind of activity only confirms that rushing around creating an impression of pompous busy-ness is not the same thing as solving problems, argues Mitali Saran.
The unemployment rate among women came down to 12.4 per cent in urban areas
One popular strategy is to hire contract workers.
More than 40% of the companies surveyed showed job contraction in FY18, says a report by CARE Ratings
The unemployment situation is becoming increasingly acute.
The Survey says that present skilled workforce in India is only 2%.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
Employees and workers will meet on November 27 to protest against the recommendations
With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.
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.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
According to a proposal by the Union labour ministry, 10 per cent of the employees or 100 workers will be needed at least to form a trade union
Non-performers were not punished, performers were not rewarded, points out Utkarsh Mishra.
If people can lobby me for making changes in policies that goes against the country's interest, I won't keep myself in this position, says the vice chairman of NITI Aayog.
There are reasons to doubt Gadkari's words.
A glance back at some important events that occurred in 2018.
At this point of time, the requirement of the economy is obviously more investment, which will create more jobs and increase purchasing power that will sustain a high level of production, says K M Chandrasekhar.
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
Rising skills gap, falling exports, low productivity, rising debt and low foreign investment is jeopardising the target set for the textile and apparels sector
Instead of announcing new schemes, focus will be on those already announced and key sectors.
The processes that create a seven per cent-plus GDP growth rate without a similar growth in jobs are far from fully understood, says Ajit Balakrishnan.
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