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Tag: unemployment in India

‘Note ban, GST, COVID shocks cost ₹11.3 lakh cr., 1.6 crore informal sector jobs’

Posted on July 9, 2024 By admin
‘Note ban, GST, COVID shocks cost ₹11.3 lakh cr., 1.6 crore informal sector jobs’

KOCHI, Kerala, 27/01/2023 : Job seekers attend a job fair. File | Photo Credit: Thulasi Kakkat The economic loss, particularly to India’s informal sector owing to the cumulative impact of macroeconomic shocks since 2016, including the demonetisation of high-value currency notes, the rollout of the Goods and Services Tax (GST) and the COVID-19 pandemic, is…

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Business

NDA govt must tackle unemployment problem, especially in the unorganised sector: Rajiv Kumar

Posted on June 10, 2024 By admin
NDA govt must tackle unemployment problem, especially in the unorganised sector: Rajiv Kumar

Former NITI Aayog Vice Chairman Rajiv Kumar. File | Photo Credit: BIJOY GHOSH Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in India, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on June 10. Mr. Kumar also…

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Business

Job creation is key for advancement of the country, says Rolls-Royce India president

Posted on June 7, 2024 By admin
Job creation is key for advancement of the country, says Rolls-Royce India president

Kishore Jayaraman, president of Rolls-Royce, India and South Asia, spoke at a session on “Smart Manufacturing” organised by TexasVentures and CODISSIA in Coimbatore city on Friday June 7, 2024. | Photo Credit: PERIASAMY M Creation of jobs is key for advancement of the country, said Kishore Jayaraman, president of Rolls-Royce, India and South Asia, in…

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Business

Data | The contours of India’s ‘formal jobs’ crisis

Posted on August 3, 2023 By admin
Data | The contours of India’s ‘formal jobs’ crisis

Since 2017, the Indian government has been using the Employees Provident Fund (EPF) scheme’s data as a measure of payroll employment and formal job creation in the country. The monthly data released as part of this initiative has generally shown net increases in the number of contributors and this has been portrayed as evidence of…

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