-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...
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The great forgetting -Himanshu
-The Indian Express The Situation Assessment Survey (SAS) of agricultural households, released last week by the National Sample Survey Office (NSSO), is the second one ever to be done. The SAS of 2003 was necessitated by the agrarian crisis of the time. Farmer suicides had reached a peak, and the reference year for the survey, 2002-2003, had seen severe drought. The agricultural sector was in crisis, with growth rates slowing to...
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-Business Standard Farmers still struggling for access to govt schemes The 70th report on the "Situation of Agricultural Households in India", released by the National Sample Survey Organisation (NSSO) on Saturday, reveals that much is wrong with Indian farmers' economic status, despite several programmes being run by the government to raise their incomes. Over half of all farm households are heavily indebted; 26 per cent of them owe money to moneylenders who...
More »Mission 'achche din': Drag in farm sector can delay economic recovery -Gaurav Choudhury and Zia Haq
-The Hindustan Times Even with the prospects of a year of high growth and low prices, a clutch of disquieting data on the ground suggests that things are still tough, potentially testing the Narendra Modi-led government's ability to pull the economy up. Output in factories has fallen sharply and a depressing farm season this winter, along with a fall in rural wages, could prolong recovery. Simply put, the drag this time...
More »Farming on machines
-The Financial Express Besides better yield, mechanisation leads to a rise in labour employment India is known as the land of agriculture, with a holding of nearly 157 million hectares of cultivable land, making our country the second-largest agricultural landholder in the world. With over 58% of the country's population depending on agriculture for earning livelihood, it is also the biggest employment avenue in the country. The Indian Green Revolution is regarded as...
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