Motilal Oswal - MOSL: Morning India (26/February/18): 1. Ecoknowledge; 2. Page Industries; 3. Automobile; 4. Telecom

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Motilal Oswal

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MOSL: Morning India (26/February/18): 1. Ecoknowledge; 2. Page Industries; 3. Automobile; 4. Telecom

MOrning India (26/February/18): 1. Ecoknowledge; 2. Page Industries; 3. Automobile; 4. Telecom

Today’s top research theme

Ecoknowledge: How many jobs does Indian economy need? Not more than 10m jobs per annum up to 2030

Labor force in the Indian economy is estimated to increase by 8m per annum over the next 15 years. However, it is only a part of total job requirements in the economy. Comprehensive estimates of annual jobs needed must include one’s assumptions about underemployment in the economy.
Our calculations suggest that there are about 29m underutilized workers in India, another 4m discouraged females currently out of the labor force due to non-availability of work, and another 3m workers looking to shift to a regular wage-paying/salaried job. Together, these imply underemployment of about 36m or ~4% of the population aged above 15 years.
Overall, it implies that if the economy wants to eliminate almost all underemployment by 2030, and its unemployment rate and labor force participation rate (LFPR) remains unchanged, the economy needs to create 10m jobs per annum – or 0.83m jobs per month – up to 2030.

Piping hot news

Dr Reddy's gets EIR from USFDA for Srikakulam plant

Pharma major Dr Reddy's today said it has received the establishment inspection report (EIR) from the US Food and Drug Administration for its its formulations facility in Srikakulam, Andhra Pradesh.

26/02/2018 24 EN

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MOSL: Morning India (26/February/18): 1. Ecoknowledge; 2. Page Industries; 3. Automobile; 4. Telecom

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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