More than half of the 900 million Indians of legal working age don’t want a job, according to CMIE. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%.
New measures include Atmanirbhar Bharat Rozgar Yojana and tripling allocation for PM’s housing scheme. India’s overall Covid economic package is Rs 30 lakh cr.
A Working Group of Ministers on employment generation and skill development submitted its report to PM Modi, making 63 suggestions across 18 sectors for job creation.
About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.
Much of the interim budget focused on consumer stimulus with few specific measures to create opportunities for about 12 million young Indians who enter the job market each year.
It is not often noted, but in the North, Bihar is the only state where the BJP has not come to power on its own. The party's desire to turn Bihar into UP should not be ignored.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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