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With fewer migrants returning in COVID 2.0, U.P. says many stayed back after 1st wave

-The Hindu U.P. was the only State to do a skill mapping exercise of returning migrants last year, says an official Just four lakh migrant workers returned to Uttar Pradesh during the second COVID-19 wave this year, compared to 40 lakh workers after the national lockdown of 2020, indicating many of these workers may not have returned to their earlier workplaces after the first wave and got gainfully employed in U.P., top...

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Growth matters but income levels matter more -M Suresh Babu

-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...

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Inflation remains above 6% for second month

-The Hindu  Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and Stressed that lack of fiscal policy action to cool prices could precipitate...

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High Food Prices Destroying Family Nutrition in Already Stressed Times -Subodh Varma

-Newsclick.in Prices of basic sources of protein like meat, eggs, pulses, and cooking oils have zoomed up, as has the cost of cooking gas. Prices of some essential food items have jumped up steadily over the past few months causing devastation of nutritional levels of families and denting already Stressed budgets. Adding to this misery is the inordinate hikes in cooking gas prices which have sky-rocketed by 46% since subsidies were all...

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Uttarakhand lets in: Migrants bring city, drop sustainability -Romola Butalia

-Down to Earth Scarcity, conservation, equitable and fair use of limited resources does not apply to them. Migration is an important phenomenon with considerable social, economic and cultural implications. The ‘ghost-villages’ of Uttarakhand are well-known, abandoned by the local population who had left in search of employment, education, health, water and food security, and basic infrastructure. The novel coronavirus disease (COVID-19) is not just a health crisis. It has highlighted the underlying economic...

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