Periodic Labour Force Survey (PLFS)
PLFS (started in 2017) is conducted by NSO and it used to report employment and unemployment related data for Urban areas on quarterly basis and for Rural areas on annual basis and then an Annual Report used to be released combining both rural and urban areas from July to June period. Now this stands changed from April 2025.
New PLFS highlights
1) Now Employment and unemployment related indicators (viz. Labour Force Participation Rate, Worker Population Ratio, Unemployment Rate) will be estimated on a monthly basis for rural and urban areas at all-India level in the Current Weekly Status (CWS) [https://t.me/VivekSingh_Economy/4131] and thereby produce quarterly estimates in both usual status and current weekly status in both rural and urban areas annually.
2) The new/revamped PLFS will have additional details about (a) education, (b) land possessed and land leased out, and (c) households' usual monthly income from rent, pension, interest and remittances.
3) The annual report will follow the calendar year i.e. from January to Dec. So, the first annual report will come for period Jan 2025 to Dec 2025. And the first monthly report will come for April month in May 2025.
PLFS (started in 2017) is conducted by NSO and it used to report employment and unemployment related data for Urban areas on quarterly basis and for Rural areas on annual basis and then an Annual Report used to be released combining both rural and urban areas from July to June period. Now this stands changed from April 2025.
New PLFS highlights
1) Now Employment and unemployment related indicators (viz. Labour Force Participation Rate, Worker Population Ratio, Unemployment Rate) will be estimated on a monthly basis for rural and urban areas at all-India level in the Current Weekly Status (CWS) [https://t.me/VivekSingh_Economy/4131] and thereby produce quarterly estimates in both usual status and current weekly status in both rural and urban areas annually.
2) The new/revamped PLFS will have additional details about (a) education, (b) land possessed and land leased out, and (c) households' usual monthly income from rent, pension, interest and remittances.
3) The annual report will follow the calendar year i.e. from January to Dec. So, the first annual report will come for period Jan 2025 to Dec 2025. And the first monthly report will come for April month in May 2025.
Source: Indian Express
As discussed yesterday, April month report of PLFS has come. Just have a look at some of the facts highlighted. No need to read the entire article and no need to follow this monthly report on a regular basis. Just have look of Unemployment rate and Labour Force Participation Rate.
As discussed yesterday, April month report of PLFS has come. Just have a look at some of the facts highlighted. No need to read the entire article and no need to follow this monthly report on a regular basis. Just have look of Unemployment rate and Labour Force Participation Rate.
As per Economic Capital Framework (ECF), RBI (out of its profit), should keep some capital reserve and rest it should transfer to Govt. of India. Presently RBI keeps 5.5% to 6.5% of its balance sheet (assets/liabilities) as capital reserve (recommended by Bimal Jalan Committee) and rest it should transfer as dividend to Govt. This is being reviewed by Govt. and RBI both as Govt. wants more dividend to meet its various expenditure commitments.
Source: Indian Express
US Federal Govt. (excluding State and Local Govt.) debt is 98% and Fiscal deficit 6.4% of GDP in 2024 which is expected to rise further. This is the main reason of sovereign rating downgrade.
India's Central Govt. Debt is 55% and Fiscal Deficit is 4.8% in FY 2024-25.
What is Sovereign Rating??
Answer: https://t.me/VivekSingh_Economy/4345
US Federal Govt. (excluding State and Local Govt.) debt is 98% and Fiscal deficit 6.4% of GDP in 2024 which is expected to rise further. This is the main reason of sovereign rating downgrade.
India's Central Govt. Debt is 55% and Fiscal Deficit is 4.8% in FY 2024-25.
What is Sovereign Rating??
Answer: https://t.me/VivekSingh_Economy/4345
Indian Economy Book 9th edition will come in the market in the next 2/3 days
Source: The Hindu
Net FDI = Gross FDI - Repatriation - Overseas Direct Investment (ODI)
For FY 2024-25
($0.35 B = $81 B - $51.5 B - $29.2 B)
Repatriation is basically the 'Dividend' or Disinvestment (sale of shares) of foreign companies in India which is going abroad.
ODI is when Indian companies investing abroad.
Net FDI = Gross FDI - Repatriation - Overseas Direct Investment (ODI)
For FY 2024-25
($0.35 B = $81 B - $51.5 B - $29.2 B)
Repatriation is basically the 'Dividend' or Disinvestment (sale of shares) of foreign companies in India which is going abroad.
ODI is when Indian companies investing abroad.
Source: Indian Express (24th May)
RBI's Board has revised the Economic Capital Framework (ECF). As per the new ECF, RBI will keep a Contingency Risk Buffer (CRB) in the range of 4.5% to 7.5% of the balance sheet (assets/liabilities) from the earlier 5.5% to 6.5% range. This framework will be reviewed every 5 years.
For FY 2024-25, RBI has kept CRB of 7.5%, so the dividend is coming out to be Rs. 2.69 lakh crore.
The purpose of the Contingency Risk Buffer (CRB) is:
1) Buffer for Monetary Risk
2) Buffer for Financial Stability Risk
3) Buffer for Credit Risk
4) Buffer for Operational Risk
'Lender of Last Resort' will come under Financial Stability.
RBI's Board has revised the Economic Capital Framework (ECF). As per the new ECF, RBI will keep a Contingency Risk Buffer (CRB) in the range of 4.5% to 7.5% of the balance sheet (assets/liabilities) from the earlier 5.5% to 6.5% range. This framework will be reviewed every 5 years.
For FY 2024-25, RBI has kept CRB of 7.5%, so the dividend is coming out to be Rs. 2.69 lakh crore.
The purpose of the Contingency Risk Buffer (CRB) is:
1) Buffer for Monetary Risk
2) Buffer for Financial Stability Risk
3) Buffer for Credit Risk
4) Buffer for Operational Risk
'Lender of Last Resort' will come under Financial Stability.
Indian Economy 9th (latest) edition for 2026 is now available in Delhi and online stores. It will reach in centres all across Indian in the next 10 days. You can place your order in the link given below:
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✔️ Includes static and conceptual part, as well as fully updated current issues
✔️ Lays emphasis on conceptual clarity, supported with *diagrams, graphs, flowcharts* and a lot of examples
✔️ Covers State PSC exams and RBI, NABARD, SEBI syllabus also
📍 *Available On:*
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🕒 *Hurry!* Offer valid for a limited time only – *don’t miss it*
🎯 *Title - Indian Economy | 9th Edition | Includes Budget 2025-26 & Economic Survey 2024-25* By *VIVEK SINGH* | *S CHAND Publishing*
📘 For UPSC & State PSC Civil Services Examinations
💥 *UPTO 30% OFF*
🛒 *MRP ₹699*
🔑 *Key Features:*
✔️ *Chapter-wise* arrangement with *Conceptual & Current MCQs*
✔️ Covers both preliminary and main sections of *GS Paper III (economic development)*
✔️ Includes *Budget 2025-26* and *Economic Survey 2024-25*
✔️ Includes static and conceptual part, as well as fully updated current issues
✔️ Lays emphasis on conceptual clarity, supported with *diagrams, graphs, flowcharts* and a lot of examples
✔️ Covers State PSC exams and RBI, NABARD, SEBI syllabus also
📍 *Available On:*
✅ Amazon - https://shorturl.at/8wCQC
✅ Flipkart - https://shorturl.at/fXjTt
🕒 *Hurry!* Offer valid for a limited time only – *don’t miss it*