-The Indian Express What needs to be ensured is that the recovery is not hamstrung by damaged household and SME balance sheets because of the extended loss of wages and incomes. This requires extensive income support now. Sometimes we miss the forest for the trees, and at other times the trees themselves become the story. That seems to be the case with India’s 3Q20 GDP print. Some have exulted over headline growth printing...
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A Livelihood Project in Rajasthan's Kushalgarh Helps Women Escape Poverty -Shruti Jain
-TheWire.in The programme has been able to make a positive impact in the lives of around 3,000 tribal women by equipping them with skills in sewing, soft-toy making, clay art, embroidery, among others. Jaipur: When Deepa had to move to Kushalgarh, a small sub-divisional township in the southern part of Rajasthan, with her husband, she had little idea that it would alter her life substantially. Deepa’s husband, Narendra Biswas, who worked as a...
More »Study points towards hunger and destitution amidst hope for a V-shaped economic recovery
Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...
More »Women have borne brunt of wage decrease due to COVID-19, says ILO -Damini Nath
-The Hindu Their working hours were reduced, says agency in report Women and lower-paid workers have disproportionately borne the brunt of the decrease in wages due to the COVID-19 crisis as their working hours were reduced, according to the International Labour Organisation’s (ILO) Global Wage Report 2020-2021. The report, released on Wednesday, said global Wage Growth fluctuated between 1.6% and 2.2% in the four years preceding the pandemic, that is 2016 to 2019. “In...
More »The Indian economic recovery seems led by profits, not wages -Niranjan Rajadhyaksha
-Livemint.com Such a recovery will be stress-tested in an economy with excess capacity. That is why wages matter The first estimates of economic growth in the September quarter indicate that India’s ongoing recovery has been better than expected. This is a good time to resurrect a question this column had raised in August: Will the economic recovery be led by profits or wages? The answer matters because it has implications for aggregate...
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