India's unemployment rate is likely to decline by as much as 97 basis points by 2028 as the country's economy hits the USD 5 trillion mark, fuelling a rise in employment, a new report said. Unemployment rate -- the percentage of people in the labour force who are without jobs …
Jharsuguda per capita highest at Rs 49,021, N’rangpur’s lowest at Rs 14,700 The Kendrapada district stands fourth from the bottom in the district-wise per capita income list of the State. According to the Economic Survey 2013-14 reports, Nabarangpur remains on the bottom of the list while Malkanagiri and Nayagarh come …
LUCKNOW: With losses in Lok Sabha elections not far behind, the Akhilesh Yadav-led SP government has done a reassessment of its governance strategies in the state. Keen on bringing the focus back on the party's development initiatives, the state budget for the 2014-15 fiscal is all set to show a …
PANAJI: All India Trade Union Congress (AITUC) has urged Prime Minister Narendra Modi and the Centre to take proactive steps to ensure immediate resumption of mining operations in the state in a sustainable manner. General secretary of AITUC Christopher Fonseca said on Thursday that the people of Goa would expect …
Itanagar: Arunachal Pradesh has urged the Union Finance ministry to give special stress on connectivity as well as development of hydro-power for rapid progress of the state. Chief Minister Nabam Tuki made the requests in the Pre-Budget Consultation Meeting convened by the Union Finance ministry recently in New Delhi, a …
Developing countries are headed for a third consecutive year of disappointing growth below 5 percent, as first quarter weakness in 2014 has delayed an expected pick-up in economic activity, says the World Bank’s latest Global Economic Prospects report, issued on June 10, 2014. In contrast, recovery in high-income countries is …
One of the major consequences of the NGT ban on coal mining is that several non-indigenous coal labourers in Jaintia Hills are either abandoning their children or selling them. During a visit to various areas of Jaintia Hills on Wednesday, a group of journalists learnt that there are many non-tribal …
The shut–down of coal mining in Meghalaya has badly affected the working class people of Barak Valley. Along with them, the sufferers are businessmen, owners of truck and other public carriers with serious ramification on socio–economic life. Not only are the labourers thrown out of job, they are also subjected …
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which guarantees employment of every rural household for 100 days, has different progressive provisions which incentivise higher participation of women in the programme. Official data suggest that 47% of all MGNREGA workers are women. This paper uses the National Sample Survey …
A large number of members of the Centre of Indian Trade Unions (CITU), CPI(M)’s Bonai MLA Laxman Munda and State secretary Janardan Pati on Tuesday staged a demonstration here at Mahatma Gandhi Marg here to press their demand for reopening of the 26 closed mines in Koida and Barbil sectors …
Although the overall unemployment rate had gone down to 4.2 percent in 2011 the incidence of unemployment among the educated young men and women remain significantly high, Human Resources Senior Minister D.E.W Gunasekera said yesterday. Addressing a media briefing held at the Government Information Department to introduce the National Human …
The nation’s biggest business lobby says President Barack Obama’s plan to tackle climate change could cost the U.S. economy $50 billion a year. Supporters predict it will create jobs and lower power bills. The U.S. Chamber of Commerce and Natural Resources Defense Council are both releasing economic impact studies this …
The state of Punjab, earlier regarded as an agriculturally developed region of India, has been passing through a severe economic crisis. The capital-intensive mode of production, propagated by the green revolution in the mid-1960s, is turning out to be non-viable for the small peasantry and hence, they are being involuntarily …
WITH an estimated Gross Domestic Product (GDP) of about $510 billion, which makes it the leading economy in Africa, the Federal Government has unfolded plans to make the GDP all-inclusive in order to enable it have impact on the lives of Nigerians. The Supervising Minister of the National Planning, Bashir …
A 2010 survey conducted by the Scheduled Tribes Development Department had found that nearly half of the total deaths in the ST communities over the previous five years were premature or unnatural. The department recently prepared a state-level socio-economic status report based on the survey data which is yet to …
Bangladesh has been able to create the sixth largest renewable energy-related workforce in the world in 2013, which is as large as that of Spain, a study said. In the last 10 years, the number of solar-powered homes in Bangladesh has jumped from 25,000 to 2.8 million, said a report …
All Jammu and Kashmir Panchayat Conference (AJKPC), an amalgam organization of various panchayat bodies today slammed Omar led government for its failure to clear liability of over Rs. 300 Crore under Mahatama Gandhi National Rural Employment Guarantee Act (MGNREGA). According to a release, calling it as criminal negligence of the …
With there being few employment avenues in this border industrial belt of Paonta Sahib, illegal mining has emerged as an employment avenue for hundreds of jobless youth. Officials admit this fact and, according to an estimate, there are hundreds of families which thrive on this illegal trade along the Yamuna …
The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the ‘Ensuring employment for the poor in Northern Region Programme’ (2nd phase) at a cost of Tk 94.88 crore to further alleviate poverty through creating employment opportunities in five districts of greater Rangpur. The approval came from the …
The World Bank has approved a $12 billion loan for cash-strapped Pakistan that will be disbursed over five years, the country’s finance ministry and the global lender said on Friday, reports Reuters. The ministry said the money will target ‘energy, economy, (fighting) extremism and education’, with $1 billion being transferred …
This paper presents the results of the Asian Development Bank’s (ADB) study on Social Protection Index (SPI) in Asia and the Pacific from the poverty dimension perspective. The SPI is a compact, simple indicator designed to help governments assess social protection programs. The paper analyzes the impact on the poor …
