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Modi government looking to map informal sector jobs to measure India's real growth But not everyone bought the argument because payroll data could be more of a reflection of a formalization of jobs rather than a creation of new jobs. "This, of course, is not employment data," Mahesh Vyas of the Centre for Monitoring Indian Economy Pvt., a business information company, wrote in a ...
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As Demand For Rural Jobs Rises, Government Curtails Funding For Key Employment Scheme Launched in 2006, MGNREGS, the world's largest rural jobs programme, guarantees 100 days of unskilled work to rural Indians such as Lal. It has 110 million active workers, and the wages it pays are an important source of income in Indian villages at a time when the farm sector is in crisis, more ...
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| Killing Cash? Why Digital Payments, Bitcoin Can't Finish The Job. Yet. Those claiming cash's imminent death often point to India, which is in the midst of a miraculous, government-led transformation. This program was designed to rapidly digitize Indian society and its economy, which according to a 2015 report from Mastercard, was one of the least ready to transition to a ...
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