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...
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Uttar Pradesh verdict: Onward ho to a ‘Hindu Rashtra’ -Rajesh Sinha
-TheFederal.com BJP’s second consecutive win in Uttar Pradesh shows the electorate’s overwhelming acceptance for Hindutva politics despite personal grievances against policies that have led to mass-scale unemployment, rising prices, and other issues that seemingly hit closer home BJP has not just broken the Uttar Pradesh jinx of 35 years to score the second consecutive win in the state assembly elections, its victory is going to set the course of Indian politics till...
More »Panic buy in Punjab, farmers stock diesel to cut costs -Harpreet Bajwa
-The New Indian Express As crude oil prices soar to record highs, panic buying of diesel has started in Punjab with a 70 per cent rise in sales as compared to the same period last year. CHANDIGARH: As crude oil prices soar to record highs, panic buying of diesel has started in Punjab with a 70 per cent rise in sales as compared to the same period last year. People fear that...
More »India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu
-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...
More »‘Suraksha’ plank finds particular resonance in Uttar Pradesh -JP Yadav
-The Telegraph For the better-off upper castes, it has acquired the context of the safety of their sisters and daughters Bareilly, Rampur: Sitting outside a small medicine-cum-stationery shop at Khirka village in Bareilly district, Rakesh Gangwar, Ramdas Kashyap and Puranlal Gangwar unhesitatingly declare their support for the “phool” (lotus). Each lists the reasons almost in the same order, as though they had prepared beforehand for the question. The top reason for all three —...
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