-Scroll.in India saw an unprecendented economic upheaval in the last two years. With it came a mental health crisis – and a wave of suicides. Trigger warning: This article contains references to suicide and some people might find it disturbing. In December 2020, in response to the devastating impact of the Covid-19 pandemic, the Tata Institute of Social Sciences in Mumbai decided to set up a dedicated mental-health helpline for slum residents of...
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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...
More »Want mother’s name on documents? Get ready for the runaround -Soma Basu and Jagriti Chandra
-The Hindu It was a long struggle for Suvam to get his ID cards printed with only his mother’s name The PAN allotment process is perhaps not as cumbersome as it used to be. But for Suvam Sinha, it took seven years to get his PAN card and other documents — the way he wished them. That is, without his father’s name on them. On February 11, the 23-year-old celebrated his victory with...
More »India’s new budget: much fanfare, missed opportunity -Happy Pant and Sarah Farooqui
-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...
More »Kaushik Basu, currently teaching at Cornell University in the US, interviewed by Abhinav Singh (TheWeek.in)
-TheWeek.in Well-off are doing fine; stagflation confined to middle and lower-middle classes Kaushik Basu, former chief economic adviser to the government and former chief economist of the World Bank, is currently teaching at Cornell University in the US. In an exclusive interaction, he talks about the current challenges before the Indian economy and its future growth prospects. Excerpts: Q/ Is the Indian economy moving in the right direction? A/ The performance of the Indian...
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