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Richest 20% facing more inflation than poorest 20%: Crisil

-PTI/ The Hindu The Crisil argument is based on the fact that the burden of inflation varies across different income groups, as the share of spending on food, fuel, and core categories differ across classes Extrapolating the retail inflation print for October, which inched up on-month to 4.5% from 4.3% in September, but steeply declined from 7.6% on-year, Crisil says the richest 20% of the population, who pay more on non-food or...

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As schools reopen, study warns of deepening divides

-The Hindu ‘It can’t be a business as usual approach’ As almost 26 crore children return to physical classes after 18 months of school closures, a business as usual approach will lead to a deepening of existing educational inequity, warned the National Coalition on the Education Emergency in a report released online on Tuesday. The NCEE cited data from the recent SCHOOL survey conducted in 15 States, which showed that 72% of elementary...

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As schools re-open, address language & mathematics competences at different grades, adopting a socio-emotional development approach, suggests NCEE

-Press release by National Coalition on the Education Emergency dated 2nd November, 2021 * India’s 250 million children returning to school after 18 months of school closures and devastating learning loss * The NCEE warns that re-opening schools cannot be “return to school” as normal, and lack of a comprehensive approach will deepen the existing education inequality * Education recovery efforts require a multi-year, radically new approach, NCEE says NEW DELHI: The overwhelming majority...

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Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

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Debunking the myth of APMCs regulating agricultural marketing in a real world

When one of the three farm laws i.e., The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 was enacted last year, it was argued by its proponents that the legislation would allow the farmers to sell their produce (and the traders to purchase that produce) outside the Agricultural Produce Market Committee-APMC mandis after crop harvesting. In a way, that particular piece of legislation was enacted to end the...

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