Page 6 - Programme Implementation Mo News Today

Despite high headline numbers, the output of one-third of the segments in the manufacturing sector in August stood below even that in the same month in 2011-12, when the new index of industrial production (IIP) series started. This is despite the fact that manufacturing grew 9.3 per cent in the month, driving up IIP growth to a 14-month high of 10.3 per cent. Part of it is due to the devastation of these product categories by lockdowns induced by Covid waves and subdued export conditions, while ...

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The unemployment rate (UR) in Nagaland has seen a significant decline for the third consecutive year, reflected the sixth annual Periodic Labour Force Survey (PLFS) report released by the Union Ministry of Statistics and Programme Implementation (MoSPI) o

Amid multiple government assurances of merit-based jobs for the youth, frustration and despair peak in Jind district that has over 52,000 registered educated yet unemployed youths as lack of employment opportunities sinks to a record low.

Around 85% of road projects in India are expected to be completed by the end of this fiscal year, according to Anurag Jain, Road Transport and Highways secretary. The governments efforts to expedite clearances and resolve issues have led to improved monitoring and faster project implementation. Jain highlighted the use of monitoring mechanisms, environment and forest clearances, and the Prime Ministers PRAGATI meeting as factors contributing to the progress.

Anurag Jain said, the Road ministry is getting environment and forest clearance quickly and monitoring mechanisms of delayed projects have been improved.

Indias economy will grow at around 6.5% this year, benefiting from government policies, according to former NITI Aayog Vice Chairman Rajiv Kumar. He also emphasised the need for Indias economy to grow beyond 8% to meet the demand for new jobs

Former NITI Aayog Vice Chairman Rajiv Kumar predicts that the Indian economy will grow at around 6.5% in the current fiscal year due to the reforms implemented by the government. He believes that India needs to achieve 8% economic growth to meet the aspirations of its young population and generate sufficient jobs. Kumar also highlights the positive macroeconomic situation, including manageable current account deficit, sufficient foreign exchange reserves, and increased tax revenues.

The 79th round of the survey, started in July last year, was termed a comprehensive annual modular survey to create a database of “high-frequency socioeconomic indicators”, which include those in line with sustainable development goals that are not captured by administrative statistics.

The representation of women in the banking industry, at about 25%, is higher than that in other sectors, according to the government’s Women and Men in India 2022 report.