-Hindustan Times An Indian farmer earned ₹27 per day on average from cultivation in 2018-19. This is less than what he would have earned doing MGNREGS work through the year. An Indian farmer earned ₹27 per day on average from cultivation in 2018-19. This is less than what he would have earned doing MGNREGS work through the year. These numbers underline the magnitude of the viability crisis in Indian agriculture. India’s inability to shift...
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What the Q1 GDP numbers say -C Rangarajan and DK Srivastava
-The Hindu With improved revenues, government must increase expenditures to push consumption and investment India’s GDP data for Q1 of 2021-22 was released by the National Statistical Office (NSO) on August 31, 2021. Real GDP growth at 20.1% in Q1 of 2021-22 is largely because of the contraction of 24.4% in the corresponding quarter of the first COVID-19 year, that is, 2020-21. Even with this high growth, the magnitude of real GDP...
More »Indebted India: Over half of farm households still under debt -Shagun Kapil
-Down to Earth Andhra, Telangana have highest percentage of agricultural households under debt; Average debt: Rs 2.45 lakh in Andhra More than half of India’s agricultural households were in debt, with an average outstanding of Rs 74,121, according to the latest ‘Situation Assessment of Agricultural Households and Land Holdings of Households in Rural India, 2019’ released September 10, 2021. The percentage of households in debt, however, reduced slightly from 51.9 per cent as...
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 »Q1 GDP: Trade, hotel and transport segment clocks 34.3% growth in Q1 -Shreeja Singh
-Moneycontrol.com The sector entered the positive terrain after declining for four quarters in 2020-21. Trade, hotel, transport, communication and services related to broadcasting reported a growth in the first quarter of FY22 as per the data released by National Statistical Office (NSO). Trade, hotel, transport, communication & services related to broadcasting clocked a growth of 34.3 percent in the April-June quarter. Please click here to read more. Kindly click here to access the press note...
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