-The Hindu Business Line Labour Ministry has decided to change the base year of the Consumer Price Index for agriculture and rural workers Union Labour Ministry has decided to revise the wage calculation for India’s workforce. The Ministry, in its latest computations, has decided to change the base year of the Consumer Price Index for Agriculture Labourers and Rural Workers (CPI-AL&RW) to 2019. At present, the base year is 1986-87. According to a...
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Why farm income in India is so low -A Narayanamoorthy
-The Hindu Business Line Recent data shows an alarming fall in income from crop cultivation. Improving procurement infra is the need of the hour The report of the ‘Situation Assessment of Agricultural Households and Land and Holdings of Households in Rural India 2019’ released by the National Statistical Office in September 2021 reveals the pathetic income level of Indian farmers. The average monthly income from different sources per agricultural household in July 2018...
More »Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik
-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods...
More »Are we witnessing depeasantisation in Indian agriculture?
The newly released Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round) establishes the fact that the farm households are more and more relying on wage incomes instead of 'net incomes from crop cultivation' for their livelihoods. In Marxian lexicon, proletarisation (a term that we can loosely use for depeasantisation) refers to the process in which the farmers/ tillers are...
More »NREGA Sangharsh Morcha demands higher wages, more working days, employee insurance in letter to PM
-National Herald It has requested Union government to notify a Wage Rate of Rs 600 per day for NREGA workers and allocation of work for 150 days annually for each job card holding individual Flagging issues being faced by crores of MGNREGA workers, NREGA Sangharsh Morcha has requested the Union government to notify a Wage Rate of Rs 600 per day for NREGA workers and allocation of work for 150 days annually...
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