-ILO News Despite real wage growth, inequality, informality and gender wage gap persist. New Delhi: While India’s economy in the past two decades has seen an annual average GDP rate of 7 % — low pay and inequality persist according to the India Wage Report: Wage policies for decent work and inclusive growth , published by the International Labour Organization. The NSSO estimates also indicate that the real average daily wage has doubled...

-ThePrint.in Three richest states in India are three times as rich as three poorest, which is why we can’t ignore spatial inequality. In a recent review of James Crabtree’s new book, The Billionaire Raj, also reviewed by me, columnist and part-time member of PM Modi’s Economic Advisory Council, Surjit Bhalla, pays my co-author, political economist and presently data guru for the Indian National Congress, Praveen Chakravarty, the following compliment: “In a much...

-TheWire.in Real average daily wages improved between 1993-94 and 2011-12, but gains of growth have bypassed casual workers, women and rural areas. Over the past two decades, India became one of the two fastest growing economies in the world, alongside China. The gross domestic product (GDP) has risen four folds since 1993. But has this growth been distributed to lower economic inequality? Has the increase in wages matched the pace of growth...

-The Telegraph New Delhi: The proportion of jobless people rose significantly in India across education levels between 2011 and 2016, an economics professor's analysis of two sample surveys suggests. The findings by Santosh Mehrotra, chairperson of the Centre for Labour Studies at JNU, appear to question the Centre's claims about job creation although the period under focus covers only the first two years of Narendra Modi's rule, along with the last three...

-The Economic Times The first cut of the back series of GDP numbers based on the new methodology and new base year of 2011-12 have finally been released. The Central Statistics Office will confirm this, sooner or later. What the new series does show is that India is capable of attaining double-digit growth (10.2% in 2007-08 and 10.8% in 2010-11), and of recovering fast from a sharp slowdown inflicted by global...