A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »SEARCH RESULT
Total Matching Records found : 3560
Dip in Rupee Value Sees Rice Export Prices Drop
-TheWire.in A drop in rice export rates from the top exporter, India, due to the falling rupee also weighed on demand for the Vietnamese variety. Bengaluru: Rice export prices in India fell this week as the rupee weakened, with the drop in rates from the top exporter also weighing on demand for the Vietnamese variety. Rates for India’s 5% broken parboiled rice fell by $3 per tonne to $389-$393 per tonne this week. “Rupee...
More »NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)
-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...
More »ILO: Strong wage policies are key to promote inclusive growth in India
-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...
More »ILO Wage Report Paints a Sorry Picture of Economic Inequalities in India -Anumeha Yadav
-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...
More »
