-The Telegraph Analysts said inflationary management had become challenging now amid rising risks to growth Retail inflation rose to an eight-month high of 6.07 per cent in February and remained above the RBI’s comfort level for the second month in a row. Wholesale price inflation — the data was also released on Monday — remained in double digits at 13.11 per cent (February) for the 11th consecutive month. Analysts said inflationary management had become...
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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...
More »Five State polls, their messages and implications -Seema Chishti
-The Hindu Countering the idea of Hindu nationalism will require much more than smart electioneering or tactical plays State elections should never be confused with sporting nomenclature of ‘semi-final’, but in all significant State elections, it is imperative that we draw clear lessons. What must leave the Bharatiya Janata Party (BJP) chuffed is that the elections from disparate States around India have resulted in its bettering its performance — and by a...
More »Climate and food price rise: Extreme weather events triggering unprecedented food inflation -Richard Mahapatra
-Down to Earth Unfavourable, unreliable weather hurt agriculture, in turn pushing food prices our of reach across the world At 14.23 per cent, India’s wholesale inflation rate in November 2021 was the highest in three decades. It did reduce marginally to 13.56 per cent the next month, according to government data released January 14, 2022. But even that is bad news for the Centre ahead of Assembly elections in five states, including...
More »As told to Parliament (December 22, 2021): Over 150 million households have jobs cards under MGNREGA
-Down to Earth All that was discussed in the House through the day More than 150 million households have job cards under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in the country as of December 18, 2021, Niranjan Jyoti, minister of state in the rural development ministry, told the Rajya Sabha. Uttar Pradesh had a maximum number of households having job cards (21,125,892) and Goa had a minimum number of households...
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