-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...
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Rural wage growth lowest in 10 years, signals farm distress, falling inflation -Harish Damodaran & Surabhi
-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...
More »Labour reforms for the unorganised sector a priority: Minister
-The Hindu Business Line ‘Pathetic'situation of the tea garden workers in West Bengal, Assam a major concern Labour reforms for the unorganised sector is a priority for the Narendra Modi government. And steps are being accordingly taken in this regard by the Centre, the Union Minister of State for Labour and Employment, Bandaru Dattatreya, said here. According to him, some of the steps taken include the setting up of the Shram Suvidha Portal...
More »Minimum monthly wages could go up to Rs 15,000 -Subhomoy Bhattacharjee
-The Indian Express The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal sectors in the country. The National Minimum Wages Act, 1948, lays down minimum wages for 45 listed economic activities, which also serve as minimum wages for these activities in the states. However, states can specify minimum wages for over 1,600 economic activities. Raising floor wages to Rs 15,000...
More »Livestock supports livelihood of the land poor
Animals, which are used for food, fibre, labour etc. hold a special place in ensuring rural livelihoods. It has been found by the NSSO's 70th Round Report that among the agricultural households having less than 0.01 hectare land (which includes landless agricultural households too), a little above 1/5th reported livestock as their principal source of income whereas 56.4% depended on wage/ salaried employment. However, as the land size went up,...
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