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1 month ago | 
business-standard.com | Shiva Rajora
The new CPI series with an updated base year is slated to come into effect in February 2026, along with a new series for other macro indicators like GDP and IIP
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1 month ago | 
business-standard.com | Shiva Rajora
Among union territories (UTs), men in Delhi spent the highest time (406 minutes) on 'employment-related activities'
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2 months ago | 
business-standard.com | Shiva Rajora |Shreya Nandi
When the world is staring at geopolitical tensions, trade wars, and increasing anti-migration rhetoric in developed economies, global capability centres (GCCs) are emerging as an answer to issues on labour migration as a result of offshoring, which is bound to happen, says Labour Secretary Sumita Dawra in an interview with Shiva Rajora and Shreya Nandi.
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Feb 25, 2025 | 
business-standard.com | Shiva Rajora
10 minutes more than in 2019: Mospi survey
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Jan 20, 2025 | 
rediff.com | Shiva Rajora |Ruchika Chitravanshi
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented. In the FY25 Budget, the government announced three employment-linked incentive (ELI) schemes with an annual allocation of Rs 10,000 crore (Rs 100 billion). The skill ministry was tasked with implementing the plan to upgrade 1,000 ITIs with an outlay of Rs 1,000 crore (Rs 10 billion) for the current financial year.
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Jan 15, 2025 | 
rediff.com | Shiva Rajora
'India is aging faster than many realise.'IMAGE: A crowded market in Kolkata. India has just 33 years until it turns as 'old' as advanced economies by the 2050s as it is projected to reach the same support ratio as seen in advanced economies, finds the latest report by McKinsey & Company. Support ratio is the number of working-age individuals per 65 year old or more people. 'India still has some time to benefit from its demographic dividend for economic growth but is aging faster than many realise.
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Jan 9, 2025 | 
rediff.com | Shiva Rajora |Ruchika Chitravanshi
The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation.
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Oct 21, 2024 | 
rediff.com | Shiva Rajora
The number of monthly fresh formal hirings saw a slowdown in August, signalling a downturn in the formal labour market. In August, the number of new monthly subscribers under the Employees’ Provident Fund (EPF) decreased by nearly 11 per cent to 930,000. This is a four-month low from 1.05 million in July, according to the latest monthly payroll data released by the Employees’ Provident Fund Organisation (EPFO) on Sunday.
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Oct 19, 2024 | 
rediff.com | Shiva Rajora
'This agreement will help the Indian workforce to move to non-traditional sectors of employment like teaching, nursing, and manufacturing.'IMAGE: Kindly note the image has been posted only for representational purposes. To facilitate the movement of workers between India and Germany and recognise skills, the two countries are set to ink a pact next week. Through the agreement, skilled professionals here can be easily absorbed by German industry, sources familiar with the development said.
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Oct 16, 2024 | 
rediff.com | Shiva Rajora
Almost 129 million Indians are living in extreme poverty in 2024, on less than $2.15 (about Rs 181) a day, down from 431 million in 1990, the World Bank said in report on Tuesday. However, with a higher poverty standard of $6.85 (about Rs 576) per day — the poverty threshold for middle-income countries — more Indians are living below the poverty line in 2024 than in 1990, primarily driven by ‘population growth’.
