-Moneycontrol.com The spike in WPI will put more pressure on the rate-setting body to initiate a tight policy stance On April 18, the government data showed that India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February. With this, the WPI inflation has now been in double-digit territory for 12 consecutive months. What is the significance of this data?...
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Is the govt. doing enough for the Jan Aushadhi scheme?
On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...
More »Sonia Gandhi tells Centre to ensure proper allocation of Budget for MGNREGA, payment of wages within 15 days of work
-The Tribune Poor workers cannot be punished by stopping the money, she says Congress president Sonia Gandhi on Thursday urged the BJP-led Centre to ensure proper allocation of the Budget for MGNREGA and payment of wages within 15 days of work, saying “poor workers cannot be punished by stopping the money”. Speaking in the Lok Sabha during Zero Hour, Gandhi said, "The payment of wages should be ensured for labourers within 15 days...
More »Gujarat: Environmentalists concerned over rising land in Bhavnagar, say lignite mining to blame
-Down to Earth Land has risen approximately 10 metres in height and 700 metres in width at a lignite mining site near the Bhuteshwar-Bhumbhali village Environmentalists in Gujarat have expressed concern over the rising of land in a village in Gujarat’s Bhavnagar district. They have blamed mining for lignite being carried out by the state government in the vicinity. Land has risen in the period March 9-March 17, 2022 at the Gujarat Mineral...
More »Real wage rates of the rural workers hardly increased during the last 6 years
In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...
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