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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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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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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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Adopt a green growth strategy to boost the sluggish automobile sector

News alert by Inclusive Media for Change dated 27th August, 2019, please click here to access Which one is a better indicator for depicting the problem of joblessness -- Proportion Unemployed Or unemployment rate?, News alert by Inclusive Media for Change dated 20th June, 2019, please click here to access  Explained: Old reasons and new red flags in continuing auto slowdown -Yashee Singh, The Indian Express, 3 September, 2019, please cli

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Prayagraj's unemployment rate highest in country, 1.5 lakh unemployed in govt records -K Sandeep Kumar

-Hindustan Times Prayagraj, or the erstwhile Allahabad, tops this unemployment list with an unemployment rate of 8.9%. It’s no mere coincidence that Uttar Pradesh’s Prayagraj has the dubious distinction of being the city with the highest unemployment rate in the country. Government record shows that a whopping 1.5 lakh unemployed youth are in the queue of those hunting jobs which are few

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Is Jammu and Kashmir underdeveloped as stated by Amit Shah? -Vignesh Radhakrishnan & Sumant Sen

s have had lesser people served by one doctor. The best State was Delhi (2,203 people per government doctor) while the worst State was Bihar (28,391 persons served by one government doctor). Rural unemployment rate Jammu and Kashmir was placed 21st for rural unemployment rate in 2011-12. Out of every 1,000 people, 25 were unemployed in the rural areas of J&K. The best State was Gujarat (3 out of e

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Dial 'M' for Manufacturing -Santosh Mehrotra & J Parida

ey Organisation (NSSO). Further, during the same six-year period, the total workforce actually shrank from 474 million to 465 million, a first in India’s post-Independence history. While the unemployment rate for all age groups increased from 2.2% (2011-12) to 6.1% (2017-18), youth unemployment rate surged to a level never witnessed before in the Indian economy, increasing from 6.1% (2011-12) to 17

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Jobless growth becomes more systemic -KP Kannan & G Raveendran

as well as ‘wage employment’. Within the category of ‘self-employed’, the survey also counts those engaged in ‘unpaid family labour’. The figure for the overall unemployment rate at 6.1% is 2.77 times the same figure for 2012. A few experts have raised doubts about comparability of estimates between the two periods though we feel that they are not substantial issues that prevent anyone from a judicious comparison

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