Labour in post-pandemic India
Last Updated: Mar 16, 2021, 10:32 AM IST
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There are significant challenges that will remain long after the coronavirus has been eradicated. The first step should be ensuring there are adequate jobs in the economy. And history has shown that growth alone cannot guarantee job or wage growth. The Indian economy needs growth in sectors that are especially labour-intensive. And a lot of it.
AFP
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As the Covid-19 vaccination drive gains momentum in India, the health crisis of the pandemic will soon begin to subside. But the economic fallout from the lockdowns is here to stay. The biggest challenge facing India on this front is that of unemployment. While the problem is not new for the country, the impact of Covid-19 pandemic has further accentuated it.
Demand for work under NREGS rises in February
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Experts say the resurgence of Covid-19 cases, unavailability of vaccines for the working population and muted consumer demand could cause the labour market to remain unstable for at least three more quarters.
AFP
The February demand was highest after the three peak Covid-19 lockdown months of May, June and July, which had seen a surge following the nationwide lockdown.
Demand for work under the rural employment guarantee scheme rose in February, suggesting that labour markets remain unstable amid prospects of a sharp economic recovery in the next fiscal year.
The job crunch and the growing fires of nativism
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March 15, 2021 01:10 IST
Unless States in India have the autonomy to create jobs, they will only resort to reserving existing jobs for locals
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Unless States in India have the autonomy to create jobs, they will only resort to reserving existing jobs for locals
The Haryana government has recently passed legislation that mandates companies in Haryana to provide jobs to local Haryanvis first, before hiring people from outside the State.
The unemployment rate in Haryana is the highest of all States in India, as per data from the Centre for Monitoring Indian Economy, or CMIE. A whopping 80% of women in Haryana who want to work cannot find a job. More than half of all graduates in Haryana are jobless. The jobs situation in Haryana is staggeringly dismal.