Unemployment In India
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Unemployment In India
Unemployment in India, statistics has traditionally had been collected, compiled and disseminated once every ten years by the Ministry of Labour and Employment (MLE), primarily from sample studies conducted by the National Sample Survey Office. Other than these 5-year sample studies, India has – except since 2017 – never routinely collected monthly, quarterly or yearly nationwide employment and unemployment statistics. In 2016, Centre for Monitoring Indian Economy – a non-government entity based in Mumbai, started sampling and publishing monthly unemployment in India statistics. Methodology and survey frequency National Sample Survey The National Sample Survey Office (NSSO) has been the key governmental agency in India at the national and state levels to study employment, unemployment and unemployment rates through sample surveys. It does not report employment or unemployment results every quarter nor every year, but generally only once every 5 years. The last thre ...
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Ministry Of Labour And Employment (India)
The Ministry of Labour & Employment is one of the oldest and most important Ministries of the Government of India. This is an India's federal ministry which is responsible for enforcement of labour laws in general and legislations related to a worker’s social security. The Ministry aims to create a healthy work environment for higher production and productivity and to develop and coordinate vocational skill training and employment. However, Skill Development responsibilities, such as Industrial Training and Apprenticeship responsibilities were transferred to the Ministry of Skill Development and Entrepreneurship from 9 November 2014. The Ministry launched the National Career Service portal on 20 July 2015 to help bridge the gap between job providers and job seekers. Role and Working Functions The thrust areas of the ministry are: * Labour Policy and legislation * Safety, health and welfare of labour * Social security of labour * Policy relating to special target groups such a ...
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Mahatma Gandhi National Rural Employment Guarantee Scheme
Mahatma Gandhi National Rural Employment Guarantee Act 2005 or MGNREGA, earlier known as the National Rural Employment Guarantee Act or NREGA, is an Indian social welfare measure that aims to guarantee the 'right to work'. This act was passed on 23 August 2005 and was implemented in February 2006 under the UPA government of Prime Minister Manmohan Singh following tabling of the bill in parliament by the Minister for Rural Development Raghuvansh Prasad Singh. It aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to at least one member of every household whose adult members volunteer to do unskilled manual work. Women are guaranteed one third of the jobs made available under the MGNREGA. Another aim of MGNREGA is to create durable assets (such as roads, canals, ponds and wells). Employment is to be provided within 5 km of an applicant's residence, and minimum wages are to be paid. If work is not provided w ...
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Ministry Of Statistics And Programme Implementation
The Ministry of Statistics and Programme Implementation (MoSPI) is a ministry of Government of India concerned with coverage and quality aspects of statistics released. The surveys conducted by the Ministry are based on scientific sampling methods. History The Ministry of Statistics and Programme Implementation (MOSPI) came into existence as an Independent Ministry on 15 October 1999 after the merger of the Department of Statistics and the Department of Programme Implementation. Departments The Ministry has two wings, one relating to Statistics and the other Programme Implementation. The Statistics Wing called the National Statistical Office (NSO) consists of the Central Statistical Office (CSO), the Computer center and the National Sample Survey Office (NSSO). The Programme Implementation Wing has three Divisions, namely, (i) Twenty Point Programme (ii) Infrastructure Monitoring and Project Monitoring and (iii) Member of Parliament Local Area Development Scheme. Besides these ...
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Unemployment In Kerala
Unemployment in Kerala discusses the causes and measures of Kerala unemployment and strategies for reducing it. Job creation and unemployment are affected by factors such as economic conditions, global competition, education, automation, and demographics. These factors can affect the number of workers, the duration of unemployment, and wage levels. Features Demographic Kerala is a state on the southwestern Malabar Coast of India. It accounts for 1.18% of the total area of India as well as around 2.76% of its total population. With a density of 859 persons per km2, its land is nearly three times as densely settled as the national average of 370 persons per km2. In the state, the rate of population growth is India's lowest, and the decadal growth of 4.9% in 2011 is less than one third of the all-India average of 17.6%. Kerala's population more than doubled between 1951 and 1991 by adding 15.6 million people to reach 29.1 million residents in 1991; the population stood at ...
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Child Labour In India
A significant proportion of children in India are engaged in child labour. In 2011, the national census of India found that the total number of child labourers, aged –14 to be at 10.12 million, out of the total of 259.64 million children in that age group. The child labour problem is not unique to India; worldwide, about 217 million children work, many full-time. As per the Child and Adolescent Labour (Prohibition and Regulation) Act, 1986, amended in 2016 ("CLPR Act"), a "Child" is defined as any person below the age of 14, and the CLPR Act prohibits employment of a Child in any employment including as a domestic help. It is a cognizable criminal offence to employ a Child for any work. Children between age of 14 and 18 are defined as "Adolescent" and the law allows Adolescent to be employed except in the listed hazardous occupation and processes which include mining, inflammable substance and explosives related work and any other hazardous process as per the Factories Act, ...
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Income In India
Income in India discusses the financial state in India. With rising economic growth and prosperity, India’s income is also rising rapidly. As an overview, India's per capita ''net national income'' or NNI was around 135 thousand rupees in 2020. The per-capita income is a crude indicator of the prosperity of a country. In contrast, the ''gross national income'' at constant prices stood at over 128 trillion rupees. The same year, GNI growth rate at constant prices was around 6.6 percent. While GNI and NNI are both indicators for a country's economic performance and welfare, the GNI is related to the GDP or the Gross Domestic Product plus the net receipts from abroad, including wages and salaries, property income, net taxes and subsidies receivable from abroad. On the other hand, the NNI of a country is equal to its GNI net of depreciation. Financial year data India's nominal per capita income was US$1,670 per year in 2016, ranked 112th out of 164 countries by the World Bank, w ...
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Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. Th ...
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Economic Advisory Council
Economic Advisory Council to the Prime Minister of India (PMEAC) is a non-constitutional, non-permanent and independent body constituted to give economic advice to the Government of India, specifically the Prime Minister. The council serves to highlight key economic issues facing the country to the government of India from a neutral viewpoint. It advises the Prime Minister on economic issues like inflation, microfinance, and industrial output. History The PMEAC has been constituted several times since the independence of India. In the latest occurrence, Prime minister Modi revived the body on 25 September 2017. Currently PMEAC chairman post is held by Bibek Debroy. The previous Prime Minister's Economic Advisory Council (PMEAC) Chairman Chakravarthi Rangarajan resigned on 19 May 2014. He sent his resignation to the Prime Minister Manmohan Singh.He resigned following the defeat of the Congress-led UPA in the general elections 2014. Since the term of the PMEAC was parallel to ...
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List Of States And Union Territories Of India By Unemployment Rate
This is a list of States and union territories of India ranked according to unemployment rate. The list is compiled from the Report on Periodic Labour Force Survey (2018–19) released by Ministry of Statistics and Programme Implementation, Government of India. Chhattisgarh has the least unemployment rate among the Indian states, while Rajasthan has the highest unemployment rate. (Higher rank represents higher unemployment among the population). The national average stands at 6.4 percent. Unemployment rate by States and Union territory (CMIE Data) Unemployment rate every month See also * Unemployment in India * Unemployment in Kerala References {{DEFAULTSORT:States and union territories of India by unemployment rate Unemployment rate Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during ...
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2019 Indian General Election
General elections were held in India in seven phases from 11 April to 19 May 2019 to elect the members of the 17th Lok Sabha. Votes were counted and the result was declared on 23 May. Around 912 million people were eligible to vote, and voter turnout was over 67 percent – the highest ever, as well as the highest ever participation by women voters. The Bharatiya Janata Party received 37.36% of the vote, the highest vote share by a political party since the 1989 general election, and won 303 seats, further increasing its substantial majority. In addition, the BJP-led National Democratic Alliance (NDA) won 353 seats. The Indian National Congress won 52 seats, failing to get 10% of the seats needed to claim the post of Leader of Opposition; Congress led United Progressive Alliance won 91 seats. Other parties and their alliances won 98 seats. Legislative assembly elections in the states of Andhra Pradesh, Arunachal Pradesh, Odisha and Sikkim were held simultaneously with ...
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The Economist
''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Economist Group, with its core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In 2019, its average global print circulation was over 909,476; this, combined with its digital presence, runs to over 1.6 million. Across its social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and interpretive analysis over original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into ...
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Centre For Monitoring Indian Economy
The Centre for Monitoring Indian Economy (CMIE) is an independent private limited entity that serves both as an economic think-tank as well as a business information company. CMIE research group has built databases on the Indian economy and private companies. CMIE provides this information in the form of databases and research reports via a subscription-based business model. It is headquartered in Mumbai, with additional offices in India. History CMIE was founded by Narottam Shah on 13 April 1976. It began as an information organisation cum Think Tank that helped the business community gain access to economic data and to understand the underlying trends. The company ran a service called Economic Intelligence Service which delivered a set of documents every 5th of the month. Economic Intelligence Service delivered mostly statistics from hundreds of official documents. It presented these with useful pithy observations of the trends which reflected Shah's studious understanding of ...
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