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Budget 2021 hasn't done enough to fix India's employment crisis, say experts


Budget 2021 hasn’t done enough to fix India’s employment crisis, say experts
The budgetary allocation for 2021-’22 for the rural jobs programme is 35% lower than the 2020-’21 revised estimate.
Representational image.
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Sivaram V/Reuters
The 34% rise in capital expenditure promised in the 2021-’22 Budget – from Rs 4.12 lakh crore in 2020-’21 to Rs 5.54 lakh crore – may not do much to resolve the
employment crisis caused by the pandemic-led lockdown, our analysis shows. The push for big, long-gestation infrastructure projects is good but may not result in many jobs, economists say, and the budget merely reiterates the provisions of the
labour codes passed in 2019 and 2020 by Parliament on social security and universal minimum wages. ....

Tamil Nadu , Shyam Sundar , Bhabesh Hazarika , Amit Basole , Sanjay Kanojia , Radhicka Kapoor , Reetika Khera , Rajendran Narayanan , National Institute Of Public , Azim Premji University , Units Development , Xavier School Of Management , Centre For Sustainable Employment , Ministry Of Labour , Indian Institute Of Technology , Mahatma Gandhi National Rural Employment Guarantee Scheme , Investment Textiles Parks , Road Transport , West Bengal , Indian Council , International Economic Relations , Sustainable Employment , National Institute , Public Finance , Emergency Credit Line , Micro Units Development ,

Union Budget 2021-22: No word on jobs for urban poor


The Union Budget for 2021-22 gave little assurance to migrant workers and the unemployed.
Finance minister Nirmala Sitharaman on Monday reiterated some old schemes like the One Nation One Ration Card to enable the beneficiaries get rations in places where they have migrated for work. She proposed to launch a portal that will collect information on gig, building and construction workers. This will help formulate health, housing, skill, insurance, credit and food schemes for migrant workers.
However, Sitharaman was silent on the demand from academia and civil society groups for an employment assurance scheme on the lines of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the urban people. ....

Kr Shyam Sundar , Debmalya Nandy , Centre For Monitoring Indian Economy , Xlri Xavier School Of Management , Mahatma Gandhi National Rural Employment Guarantee Act , Union Budget , Nirmala Sitharaman , One Nation Ration Card , Social Security , Xavier School , Monitoring Indian , க்ர் ஷியாம் சுந்தர் , மையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம் , க்ஸல்றி ஐயேவியர் பள்ளி ஆஃப் மேலாண்மை , மகாத்மா காந்தி தேசிய கிராமப்புற வேலைவாய்ப்பு உத்தரவாதம் நாடகம் , தொழிற்சங்கம் பட்ஜெட் , ஒன்று தேசம் ர்யாஶந் அட்டை , சமூக பாதுகாப்பு , ஐயேவியர் பள்ளி , கண்காணிப்பு இந்தியன் ,