-Livemint.com A leaked NSO survey report says that expenditure by consumers across India actually fell over a six-year span till 2017-18. This is at odds with our GDP data. So what explains this finding? Is Indian consumption in decline? Anecdotal evidence has pointed that way for some time. But now, a leaked survey report of the National Statistical Office (NSO), published on Friday in Business Standard, seems to confirm suspicions of such...
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Homeless in city of birth: 3 out of 5 Indians without roof not migrants -Pheroze L Vincent
-The Telegraph Dalits account for over a third of the homeless New Delhi: Three in five homeless people surveyed across 15 Indian cities have said they were born in the city they now live in, a situation implying families trapped in destitution down the generations. A strong caste link too has emerged, with Dalits accounting for over a third of the homeless, double their share of India’s population. The European Union-funded study by the...
More »Can we prevent rural suicides? Yes, it is possible, says a recent WHO-FAO publication
Almost one in every five suicides in the world is committed by self-poisoning with pesticide, which mostly occur in rural, agricultural areas of low- and middle-income countries (LMICs), states a new publication entitled 'Preventing Suicide: A resource for pesticide registrars and regulators'. Published jointly by the World Health Organization (WHO) and the Food and Agriculture Organization of the United Nations (FAO), the booklet says that the adoption of green revolution technology...
More »Dip in tractor sales indicate further deepening of rural distress
In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
More »What happened to poverty during the first term of Modi? -Himanshu
-Livemint.com Consumption declined over the period 2014-18, confirming fears that people ended up worse off Various data from the financial to the corporate sector over the last two months are confirming the worst fears of a sharp decline in demand in the economy. With stagnant investment and exports, there are clear signs of a sustained slowdown. Most of this was well known to anybody following the Indian economy, barring the government, which...
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