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No disguising the economic slowdown now. Take a look -Maitressh Ghatak

Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other economic indicators such as the Unemployment rate and growth in tax revenue sensed the clear signs of the onset of an economic slowdown, but were dismissed as compulsive contrarians. Yet, as winter approaches, the debate is no longer about how high the growth rate is, but about wheth

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Unemployment at nearly 10%, among youth it's 28% -Subodh Varma

.1 crore over last year and by 2 crore in two years. [See chart below] This is for all those jobless people who are willing to work, whether actively seeking jobs or not. Weekly estimates point to an Unemployment rate nearing a record 10% mark – 9.94% to be precise, as of September 27. Please click here to read more.

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The link between jobs, farming and climate -Pulapre Balakrishnan

-The Hindu It is imperative to focus on agricultural production in devising a long-term solution to the problem of Unemployment At a panel discussion hosted recently by the students of Delhi’s Ambedkar University, the topic was, ‘Are we heading for an economic crisis?’ Presumably, they had been prompted by the all-absorbing news of a slowing economy. It is indeed correct that such a slowing is taking place. Growth has slowed

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Creating jobs for young India -Jayan Jose Thomas

-The Hindu If India does not make effective use of the strengths of its youth now, it may never do Amartya Sen had once quipped that India’s Unemployment figures were low enough to put many developed countries to shame. Professor Sen was, of course, not commending the country’s record in employment creation, but instead, highlighting the difficulties involved in measuring employment and Unemplo

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Critical data on India's higher education is out but only Modi has hijacked headlines -Yogendra Yadav

ticed. The eighth annual All India Survey on Higher Education 2018-19 was released by the Ministry of Human Resource Development last week. It coincided with the release of four-monthly report ‘Unemployment in India – A Statistical Profile’ for May-August 2019 by the Centre for Monitoring India Economy. Put together, both these surveys point to a simmering volcano of educated Unemploym

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Bank mergers don't address crux of crisis: The nexus between lenders, borrowers and election funding -Christophe Jaffrelot

understand why the public sector banks lent so much money to companies which are today unable to pay it back. India’s economic crisis that is finding expression in low-growth rates and high Unemployment rates is partly due to the decline of investments, which is partly due to the fact that companies cannot get access to loans as easily as before. This is a direct consequence of the huge level of the banks’ Non Performing Assets (NPAs),

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Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)

These announcements came against the backdrop of the precarious state of the Indian economy. The country is witnessing an economic slowdown that has spread from the auto sector to other segments, the Unemployment rate is at a 45-year high and the tax collections from the previous fiscal year presented an estimated shortfall of Rs 1.67 lakh crore from the revenue expected by the Bharatiya Janata Party government. The going seems difficult for both Sith

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Dumb and Dumber: Facing slowdown, govt squeezes expenditure -Subodh Varma

expenditure – spending by families on consumption – has slipped downwards, bank credit has decelerated, and there are reports of widespread job losses from across the board while monthly Unemployment has climbed to a record 8.3% in August as per CMIE estimates. This is a situation that is crying for more public spending which would kickstart the economic cycle, put more money in the hands of people to spur demand and pave the way, hop

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

ricks, steel and electricals. The core sector has slowed down following a drop in the production of coal, crude oil and natural gas. The rural economy continues to suffer from inadequate crop prices. Unemployment is at a 45-year high for 2017-18. The overall situation is dire. Consumption, which was a reliable engine to propel economic growth, has slowed to an 18-month low. The fact that sales of ?5 biscuits have declined tells its own story. The d

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The problem of skilling India -Christophe Jaffrelot & Vihang Jumle

ense suggests. Reality is more complicated. A minimum of eight million new job seekers enter the jobs market every year. In 2017, only 5.5 million had been created, and the situation is worsening: Unemployment rate is the highest in 45 years today. The Indian youth has become the first casualty, with the Unemployment rate reaching 34 per cent among the 20-24-year-olds in the first quarter of 2019 —

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