-The Hindu For millions hit by agricultural distress, the escape to construction jobs is grinding to a halt With the Union Budget to be presented on February 1, it is hoped that the Finance Minister will make a significantly higher allocation for investment in infrastructure. It is vital for addressing rural distress. The Socio Economic and Caste Census (SECC) informed us that ‘landlessness and dependence on manual casual labour for a livelihood...
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Rural indicators point to worsening farm distress -Sayantan Bera
-Livemint.com Sluggish wage growth, lower crop planting, fluctuating prices paint a dismal picture for farmers and the agriculture sector New data released by the government on rural wages, crop prices and sowing of winter crops reveals that rural distress is worsening. Planting of wheat, the main winter crop, between October and early January was 5% lower than a year ago due to lower sowing in Madhya Pradesh by close to a million hectares;...
More »Rural wage growth is faltering again -Manas Chakravarty
-Livemint.com There cannot be a solution to the problem of low wage growth in rural India unless opportunities for getting decent and productive jobs are available outside agriculture One of the anomalies that stood out from the broad narrative of rural distress was the stubborn fact that rural wages were growing, not just in nominal but also in real, or inflation-adjusted terms. And if real rural wages were seeing higher growth, surely...
More »Rural economy holds the key to economic revival -Himanshu
-Livemint.com Distress in rural economy is not limited only to the agrarian sector but has also spilled over to the larger economy with unemployment becoming a major challenge 2017 has been a bad year for the economy. The fact that the economy is in crisis, particularly the rural economy, is no longer a matter of statistics. The recent elections in Gujarat have laid bare the fissures in the rural economy that have...
More »Casual employment worst hit after note ban, shows new report
In the 3 months period following demonetisation, most job cuts happened for casual workers. This has been confirmed by the Labour Bureau's latest Quarterly Report on Employment Scenario in selected sectors. Although overall employment increased in the 8 major sectors of the economy by 1.85 lakhs between 1st January, 2017 and 1st April, 2017, employment of regular workers (1.97 lakhs) increased the most, followed by employment of contract workers (26,000...
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