Unemployment among Muslims dropping, shows NSSO data

August 19, 2013

Muslim-TraderNew Delhi, Aug 19: Unemployment among Muslims is going down, marking an encouraging trend to gladden the champions of inclusive growth.

The unemployment rate for the community declined from 2.3% in 2004-05 to 1.9% in 2009-10 in rural areas and from 4.1% to 3.2% in urban areas. However, a vast majority of Muslims in both rural and urban areas are not part of the organized workforce compared to other religious groups.

In contrast, Hindus had a stable unemployment rate of 1.5% in rural areas during the five-year period while it fell from 4.4% to 3.4% in urban India.

According to data released by the National Sample Survey Organization, Muslims are mainly engaged in self-employment and as rural labour.

In cities and towns, Muslims are at the bottom of the ladder in the 'regular wage/salaried' category. Among the major religious groups, only 30.4% of Muslim households are in regular jobs, followed by Sikhs (35.7%), Hindus (41%) and Christians (43%). In contrast, the proportion of households with major source of earning as self-employment was the highest for Muslims (46%) in urban areas.

In villages, Muslims (41%) are the largest group employed as rural labour with another 46.3% in the self-employed category. Majority of households of all religious groups, other than Muslims, belong to the self-employed in agriculture category, the survey found.

In rural areas, the proportion of households depending on self-employment was the highest among Sikhs (48%). The community's major source of earning is self-employment in agriculture (around 36%), followed by Hindus (33%) and Christians (30%).

Around 25% of Muslims are engaged in self-employment in non-agricultural sector, followed by Christians (14.7%), Hindus (14.5%) and Sikhs (12.4%), according to the NSSO data.

The poor state of affairs among Muslims is also reflected in low per capita spending compared to other religious groups. The household monthly per capita consumer expenditure (MPCE), which serves as a proxy for income and is usually taken to reflect the living standard of a family, was lowest among Muslims. Muslim households were spending Rs 980 (Rs 1,272 in urban areas and Rs 833 in rural areas).

The average MPCE (for both urban and rural) was the highest for Sikh households, followed by Christians and Hindus. The average MPCE of a Sikh household was Rs 1,659 (Rs 2,180 in urban areas and Rs 1,498 in rural areas).

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News Network
February 4,2020

New Delhi, Feb 4: The investigation into the incident of violence at Jamia Millia Islamia during an anti-citizenship law protest was at a crucial stage, the Centre told the Delhi High Court on Tuesday.

The submission before a bench of Chief Justice D N Patel and Justice C Hari Shankar was made by Solicitor General Tushar Mehta while seeking more time to file a report regarding the probe.

Taking note of the submission, the bench granted the Centre time till April 29 to file a reply.

During the hearing, senior advocate Colin Gonsalves, appearing for some students of Jamia, said 93 students and teachers filed complaints about alleged attacks on them by police but no FIR has been filed against the agency till date.

The other lawyers for the petitioners alleged that the government has not complied with the court order to file a response within four weeks of the last date of hearing on December 19.

The bench, however, declined to pass any interim order and granted time till April 29 to the government to file a reply.

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Agencies
July 24,2020

Mumbai, Jul 24: Reliance India Limited (RIL) on Friday overtook ExxonMobil to become the world's second most valuable energy company and 46th among the world's largest companies by market capitalisation.

RIL's market capitalisation stood at Rs 14.16 lakh crore (USD 189.3 billion) at market close on Friday. ExxonMobil's current market value is USD 184.77 billion.

"Reliance Industries, with a market capitalisation of USD 189.3 billion now is the second-most valuable energy company in the world. Reliance Industries now stands at 46th among the world's largest companies by market capitalisation ahead of well-known names like ExxonMobil, Abbott Laboratories, Oracle Corp, Chevron and Unilever Plc, and just below PepsiCo," RIL said in an official release.

RIL continued its rally on Friday, notwithstanding overall weak market conditions.

RIL shares made a new all-time high of Rs 2,163 and were last traded at Rs 2,148.8 on NSE with a gain of 4.4 per cent. The market capitalisation of fully paid-up shares stands at Rs 13.62 lakh crore (USD 182.06 billion), the release said.

Reliance partly paid-up shares gained 9.33 per cent on NSE today to last trade at Rs 1289.95. The partly paid-up shares now have a market capitalisation of Rs 0.55 lakh crore (USD 7.29 billion).

"Reliance's share price had touched a bottom of Rs 867 on March 23, 2020, when the total market value of the company stood at Rs 5.5 lakh crore or $73.5 billion. Thus, RIL has added $115.9 billion to shareholder wealth within just four months - one of the highest value creation feats in the world in such a short time," the release said.

Reliance had earlier raised Rs 212,809 crore through Rights Issue, combined investments in Jio Platforms and investment by bp.

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News Network
June 5,2020

Jun 5: Meerut Police on Thursday claimed that around 13,500 mobile phones in the country are running on the same IMEI, the number used to identify the device.

A case of fraud has been registered against the mobile phone manufacturing company and its service center, the police said.

The matter surfaced, after police personnel gave his mobile phone to the staff at cybercrime cell for examination, as the new phone was not working properly despite being repaired, Meerut SP (city) Akhilesh N Singh said.

The cyber cell found that around 13,500 other mobile phones are also running on the same International Mobile Equipment Identity (IMEI) as that of the police personnel's phone, the superintendent of police said.

He said the matter is a serious security issue.

Prima facie it appears to be negligence on part of the mobile phone company and criminals can use it to their advantage, Singh said.

He said a case has been registered under relevant sections of the law at a Medical police station and a team of experts has been called to look into the matter.

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