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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India May See Fourth Covid Wave From June, Peak In August: Study
-PTI/ NDTV.com Officials at the World Health Organization recently warned that Omicron may not be the last Covid variant and the next strain could be more contagious. New Delhi: The fourth wave of the COVID-19 pandemic in India may start around June 22 and peak from mid-to-late August, a modelling study by researchers at the Indian Institute of Technology-Kanpur suggests. The yet-to-be peer-reviewed study, recently posted on the preprint repository MedRxiv, used a...
More »Second Hunger Watch Survey shows high level of food insecurity among the poor & vulnerable people of 14 states
-Press release by the Right to Food Campaign Secretariat dated February 23, 2022 * 66 percent respondents said that their income has decreased compared to the pre-pandemic period * 80 percent reported some form of food insecurity, 25 percent reported severe food insecurity * 41 percent said that nutritional quality of their diet deteriorated compared to the pre-pandemic period * 67 percent could not afford cooking gas in the month preceding the survey. * 45...
More »Union budget 2022-23: Big cut in fertilisers subsidy to worry farmers -Bhagirath
-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
More »Number Theory: Protests over railway jobs are a grim reminder of the state of India’s job market -Abhishek Jha and Roshan Kishore
-Hindustan Times The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots. The protests have taken place across a large number of places in these two states. News reports suggest that at...
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