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poverty rose but income inequality fell -Anup Malani Arpit Gupta, and Bartek Woda

-The Hindu There are signs that this pandemic has not followed the usual script — of the poor bearing the brunt of the pain COVID-19 has upended Indian society. Over two-thirds of the country has been infected by COVID-19 and perhaps five million or so people have died, directly or indirectly, from the pandemic. The economy too has taken a beating. Even though there has been a V-shaped recovery, output remains about...

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Russia’s war in Ukraine is crushing Sri Lanka’s $81 billion economy -Anusha Ondaatjie

-ThePrint.in Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka is racing to avert a default amid dwindling forex holdings. Colombo: Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean. Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka...

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Five State polls, their messages and implications -Seema Chishti

-The Hindu Countering the idea of Hindu nationalism will require much more than smart electioneering or tactical plays  State elections should never be confused with sporting nomenclature of ‘semi-final’, but in all significant State elections, it is imperative that we draw clear lessons. What must leave the Bharatiya Janata Party (BJP) chuffed is that the elections from disparate States around India have resulted in its bettering its performance — and by a...

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Real wage rates of the rural workers hardly increased during the last 6 years

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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Donor-funded evaluation shows “AGRA did not meet its headline goal” to reduce hunger in Africa, says a press statement by IATP

-Press release by Institute for Agriculture & Trade Policy (IATP)* dated March 4, 2022 A new evaluation has exposed the serious failures of the Alliance for a Green Revolution in Africa (AGRA) — in its attempt to address hunger and farmer poverty. Funded by Gates, USAID, and western governments, for 15 years AGRA has promoted high-input agriculture, synthetic fertilizers, commercial seeds and subsidies to "catalyze a farming revolution in Africa." This evaluation...

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