-The Telegraph Monthly economic review of finance ministry says that there is no 'room for complacency on inflation front' The rice and wheat stocks of the central government have shrunk alarmingly by as much as 37 per cent in a year as rising food inflation signals growing shortages in the economy. Wheat and rice stocks in government-owned godowns stood at 511.36 lakh tonnes on October 1, data from the Food Corporation of India...
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COVID-19 lockdown meant no MGNREGA work for 39% job card holders -Himanshu Nitnaware
-Down to Earth Over 2,000 households surveyed across four states; Massive expansion of work scheme needed to meet demand, finds study About 39 per cent of all job card holders seeking work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005 did not get a single day of work during the national lockdown imposed due to the COVID-19 pandemic in 2020-2021. The findings were revealed by a study conducted by Azim...
More »Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
More »Results of a survey in 4 states reveals how MGNREGA protected the poor from income shocks during the pandemic
-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13: About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...
More »Residential Rooftop Solar Installations May Increase by Around 60% By FY23-End: Report -Aathira Perinchery
-TheWire.in However, some experts have pointed out that a 60% rise might be an overestimate – because currently, the demand comes from only very few states. But it will increase only if the demand rises in more states. Kochi: India’s residential rooftop solar capacity could increase by approximately 60% by the end of financial year 2022-23 as compared to the last fiscal, according to a report by the Institute for Energy Economics...
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