-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods...
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‘Delay in wage payment by Centre adding to NREGA workers’ woes’
-The Hindu As of August 10 this year, 34% transactions are still unpaid, says LibTech study Delay on the part of the Union Government in transfer of wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005, has further compounded the woes of thousands of workers during these difficult pandemic times. The Centre is taking 26 days on an average to complete the wage transfer to the NREGA workers...
More »Latest available PLFS data sheds light on unpaid helpers in self-employment & underemployment among various types of workers
Generally, economists refer to indicators like Worker Population Ratio (WPR), Labour Force Participation Rate (LFPR) and Unemployment Rate (UR) in order to assess the extent of joblessness and work related precarity at a particular period of time in a certain geographical area. However, there are other indicators too, which can help in understanding the job situation, livelihoods security and vulnerability of workers in a better way such as 'percentage distribution...
More »Poverty in India is on the rise again -Santosh Mehrotra and Jajati Keshari Parida
-The Hindu In the absence of CES data, the Periodic Labour Force Survey shows a rise in the absolute number of the poor India has not released its Consumption Expenditure Survey (CES) data since 2011-12. Normally a CES is conducted by the National Sample Survey Office (NSO) every five years. But the CES of 2017-18 (already conducted a year late) was not made public by the Government of India. Now, we hear...
More »Most households in rural Bihar faced livelihood crisis during the first wave of COVID-19, reveals a recent study
The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...
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