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When Julius Caesar’s Senate fixed January 1 as the ‘first day of the year’, the idea wasn’t only to ‘start afresh’. It was also when those in civil office were to set in motion their responsibilities. In that tradition, coming down from 45 BC, let the existing coalition government headed by Narendra Modi set out…
One of the major challenges facing the economy is sluggish consumption. Consumption, in turn, depends on the ability of the people to spend. After adjusting for inflation, the crux of the issue lies in having more income in people’s pockets to spend, which is ultimately determined by employment levels in the country. Increasing employment depends…
Read More “It’s Time Centre’s Employment Push Shifted Gears” »
India’s unemployment rate has declined to 3.1 per cent. New Delhi: A new report reveals that 72 per cent of employers across India intend to hire freshers in the latter half of 2024. This upward trend in hiring intent is based on a comprehensive survey of over 603 companies nationwide, reflecting a 4 per cent…
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As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or…
Read More “Exploring the Key Highlights of the Union Budget 2024: Part 2 | In Focus podcast” »
The BJP floundered in the 2024 Lok Sabha election. The floundering continued on the floor of both Houses where Members of Parliament from the INDIA parties delivered multiple speeches that were well-structured, well-executed, and rich in content. A recurring theme in many of these powerful interventions on the Budget was a 12-letter word giving Modi…
Read More “The 12-Letter Word Giving The Government Sleepless Nights” »
The story so far: The Union Budget for 2024-25 made it clear that employment was a major priority of the government, with the word getting 23 mentions in the Finance Minister’s speech. With many voters expressing their disenchantment with rising unemployment in the recent election, Prime Minister Narendra Modi has lent his title to a…
Women planting paddy seedlings in an agricultural field in Nagaon district of Assam. | Photo Credit: Ritu Raj Konwar On March 11, Bahutva Karnataka, a forum for concerned citizens and organisations, released a report titled ‘Employment, Wages and Inequality’, at the Press Club, Bengaluru. The report analyses the progress in various employment-related indicators in the…
Read More “No major change in employment status or wages in 10 years: Data” »