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Russia’s war in Ukraine is crushing Sri Lanka’s $81 billion economy -Anusha Ondaatjie

-ThePrint.in Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka is racing to avert a default amid dwindling forex holdings. Colombo: Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean. Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka...

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Real wage rates of the rural workers hardly increased during the last 6 years

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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Bullish turn: The return of the bullock to India’s farms -Shagun

-Down to Earth Post mechanisation, for the first time there is innovation in farm equipment to revive bullocks and aid small farmers Simhachalam calls himself a ‘bullock entrepreneur’. Each agricultural season, this farmer from Andhra Pradesh’s Sangra village travels with his pair of bullocks to work on other people’s farms in nearby villages for a fee. Like most other parts of the country, bullocks in these tribal villages are traditionally used only for...

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Value the knowledge of the Ganga’s riverine communities for river’s development -NCAER

-Hindustan Times The National Council of Applied Economic Research recently conducted a study, titled, Livelihood and Health Challenges of Riverine Communities of the River Ganga, in collaboration with the University of Chicago’s Tata Centre for Development to explore the social & economic engagement of the riverine communities on the Ganga in Uttar Pradesh and West Bengal. A large section of the population living in the Ganga river basin still depends on the...

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Two Basmati rice varieties help boost exports, farmers’ income -Sandip Das

-Financial Express Pritam Singh, who farms on 110 acres, including some land taken on lease, at Urlana Khurd village of Haryana’s Panipat district, has just sold his harvest of Basmati rice varieties — PB 1121 and PB 1509 — at the local mandi at Rs 3,800 and Rs 3,500 a quintal, respectively. Both the varieties, developed by the Indian Agricultural Research Institute (IARI), Pusa, Delhi, fetch farmers like Singh financial benefits in...

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