It’s raining jobs in rural India as farm economy opens up -Prashant K. Nanda
* Increased government spending on the rural jobs programme has also aided returnee migrants
* The urban job loss rate fell nearly 2 percentage points to 11.19% in the week ended 21 June over the previous week
The timely arrival of the monsoon has given a much-needed boost to rural employment, absorbing thousands of migrant workers who have returned to their rural homes in seasonal farm jobs.
The rural unemployment rate continued to drop, falling to 7.26% in the week ended 21 June from 10.96% in the previous week, according to data released by the Centre for Monitoring Indian Economy (CMIE). The job loss rate has now dropped to the lowest level in three months, even lower than the week preceding 25 March, when India first went into a stringent lockdown.
The exodus of migrant workers from cities had raised fears of rampant joblessness in rural areas. But those fears have proved to be exaggerated as the timing of their return coincided with the summer crop planting season, opening up seasonal job avenues. Increased government spending on the rural jobs programme has also aided returnee migrants.
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Livemint.com, 23 June, 2020, https://www.livemint.com/industry/human-resource/it-s-raining-jobs-in-rural-india-as-farm-economy-opens-up-11592869655068.html
Tagged with: Circular Migrants Employment Generation Informal Workers Job Creation Job Losses Joblessness Migrant Labourers Migrant Workers Monsoon Rainfall Rural Employment Seasonal Migrants South West Monsoon Unemployment Unemployment Rate Centre for Monitoring Indian Economy CMIE