-The Hindu While National farm income rose 27% between 2015-16 and 2018-19, Jharkhand saw a drop in monthly income by 30% The Centre vowed to double farmers’ income between 2015 and 2022, but by the midway point, farm families in Jharkhand actually saw their average monthly income drop by about 30%.  In its report on the demand for grants for agriculture submitted to the Lok Sabha on Thursday, a parliamentary standing committee asked...

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...

-The Hindu It was a long struggle for Suvam to get his ID cards printed with only his mother’s name The PAN allotment process is perhaps not as cumbersome as it used to be. But for Suvam Sinha, it took seven years to get his PAN card and other documents — the way he wished them. That is, without his father’s name on them. On February 11, the 23-year-old celebrated his victory with...

-TheWeek.in Well-off are doing fine; stagflation confined to middle and lower-middle classes Kaushik Basu, former chief economic adviser to the government and former chief economist of the World Bank, is currently teaching at Cornell University in the US. In an exclusive interaction, he talks about the current challenges before the Indian economy and its future growth prospects. Excerpts: Q/ Is the Indian economy moving in the right direction? A/ The performance of the Indian...

-The Hindu Spells of impoverishment during the pandemic were not infrequent, and lower castes and minorities bore the brunt of it Few observations survive the test of time. Fewer gain significance over time. Engel’s Law is a case in point. A version is that the poorer a family, “the greater the proportion of the total outgo which must be used for food. The proportion of the outgo used for food, other things...