According to the CWS, a person is considered as unemployed in a week if she did not work even for one hour on any day during the reference week but sought or was available for work at least for one hour on any day during the
Helped by distribution partners — mainly banks and banking correspondents —, the NPS subscriber base, which stood at 4.24 crore at the end of FY21, will get to expand by a record one crore in the current financial year, P
After a dent in demand during the second wave that hit in May and July; we are witnessing a good broad-based demand recovery since August, particularly from the auto, white goods and infrastructure sectors, he says.
In March 2021, 3.59 crore persons demanded MG-NREGS work, which rose to 4 crore in April, 4.14 crore in May and further to 5 crore in June. In July, 4.26 crore persons demanded work under the job guarantee scheme.
The move is seen by many states as yet another bid by the Narendra Modi government to usurp the states' fiscal powers and undermine their constitutionally defined role in governance, so might spark a political storm.
Apparently, the government has turned more economical on MG-NREGS spend this time around, while it was much more liberal in spending on the scheme in May-June last year following the April lock-down which hit people's livelih
The CCEA had on October 14, 2020, gave its ‘in-principle’ approval to the demerger of Nagarnar Steel Plant from NMDC and strategic disinvestment of the demerged company by selling entire stake of the government to a strat
To start with, NMDC will look at Japan as its export destination because it has certain level of comfort with the Japanese mills. Subsequently, however, the company would also look at the feasibility of exporting to South Kor
Supply shortage of the key steel-making raw material in the domestic market is due to truncated production in Odisha as a result of output stoppage from a number of merchant mines as their leases expired.
If the scheme is extended, a large section of the industrial and commercial establishments in the country and the relatively low-earning new employees joining them till the end of calendar year 2021 will be able to avail the
Despite the pandemic-induced lockdown and restrictions on mobility in large parts of the country, highway construction grew by 74% on year in April-May of the current financial year to 1,470 km or 24.1 km/day.
Avenue Growth is an on-demand work platform, which helps companies in find-hire-manage gig workers and get the work done on its platform. We offer two kinds of engagement models to clients: task-based and shift-based.
Unlike in April 2020, which saw complete nationwide lockdown and a decline in demand for MGNREGS work, the demand for work under the scheme that provides subsistence wages, remained high in May 2021, which also witnessed a ne
India was a net exporter of finished steel during the first month of the current fiscal year 2021-22, recording a net trade surplus of 0.59 million tonne in April 2021. During April 2021, steel export from India increased by
According to the Centre for Monitoring Indian Economy (CMIE) data, barring April, May and June last year, the monthly unemployment had never breached the double-digit mark at least since January, 2016.