The Jobs Crisis In India
Modi govt's only mission is to make sure youth are jobless, alleges Kharge
The Modi government has only one mission and that is to "keep the youth jobless", Congress president Mallikarjun Kharge alleged on Tuesday in a scathing attack against the Centre on the issue of unemployment. The Modi government may be refuting independent economic reports like the one by Citigroup on unemployment but how will it deny government data, Kharge asked in a lengthy post on X citing various reports. "The truth is that Modi government is solely responsible for shattering the dreams of crores of youth in the last 10 years," he alleged. Kharge said the latest government data punctures the government's claims. According to NSSO's (National Sample Survey Office) Annual Survey of Unincorporated Sector Enterprises, in the manufacturing sector, 54 lakh jobs were lost in unincorporated units in the seven years between 2015 and 2023, he said. "In 2010-11, 10.8 crore employees were employed in unincorporated, non-agricultural enterprises across India, which has become 10.96 crore
 "Modi govt's only mission is to make sure youth are jobless, alleges Kharge")
Despite hiring slowdown, top IIT students receive offers worth over Rs 1 cr
The highest pre-placement offer (PPO) at IIT Guwahati stood at Rs 1.10 crore as five students received offers above Rs 1 crore
 "Despite hiring slowdown, top IIT students receive offers worth over Rs 1 cr")
How urban job guarantee schemes can provide equal opportunity to women
Three states launched urban employment guarantee schemes to tackle the pandemic-induced job losses that affected women more than men during the first wave
 "How urban job guarantee schemes can provide equal opportunity to women")
India's October unemployment rate climbs up to 6.98%, CMIE data shows
India's unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for Monitoring Indian Economy
 "India's October unemployment rate climbs up to 6.98%, CMIE data shows")
India's unemployment rate soars to 27.11% amid Covid-19 crisis: CMIE
The Mumbai-based think tank said the rate of unemployment was the highest in the urban areas
 "India's unemployment rate soars to 27.11% amid Covid-19 crisis: CMIE")
IT, BFSI and e-commerce to lead job growth despite economic slowdown
Company officials estimate that the IT sector has been able to register a net growth in job creation despite high attrition levels
 "IT, BFSI and e-commerce to lead job growth despite economic slowdown")
1.2 million new jobs created in June, fewer than May: ESIC payroll data
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated
 "1.2 million new jobs created in June, fewer than May: ESIC payroll data")
Jobs grew at medium and large companies, but at a slow pace: Study
The study, carried out by CARE Ratings, is based on annual reports of 969 medium and large companies
 "Jobs grew at medium and large companies, but at a slow pace: Study")
Jobs: Universal basic problem
India simply isn't generating enough jobs to absorb the surplus labour from agriculture, says Raghavan Jagannathan
 "Jobs: Universal basic problem")
