-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...
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MSP Revision a Betrayal of Our Movement, Covers Only Inflation Impact, Say Farmer Leaders -Ravi Kaushal
-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...
More »Once a Peaceful State, why Madhya Pradesh is Seeing Spurt of Communal Violence -Kashif Kakvi
-Newsclick.in The state has recorded 479 cases of rioting in the last six months, according to Madhya Pradesh Police. Of them, over 30% of the cases are related to communal clashes. Bhopal: Nawab Khan (65) and Manjula Bai (55) are the victims of the latest communal violences that rocked Madhya Pradesh. Sitting outside their burnt houses in Sanjay Nagar locality of Madhya Pradesh's Khargone district, they say they have never witnessed such...
More »Old Age Pension: Stagnant Amounts and Gender Differential -Richa Chintan
-Newsclick.in Since 2007, the central government has given a meagre Rs 7 to Rs 16 per day to the elderly. Some states have recently announced an increase in entitlements under the old-age pension scheme. For instance, Andhra Pradesh increased the old age pension amount by about Rs 250 to Rs 2500 per month at the beginning of 2022. More recently, the Uttar Pradesh government has announced an increase in the old-age pension...
More »Economy Facing Stagflation: Need to Improve Supplies and Keep up Demand -Arun Kumar
-Newsclick.in The economy faces stagflation. The steps announced by the government are a start. More needs to be done to eliminate supply bottlenecks without curtailing demand. The Government, worried about the inflation rapidly inching up month after month, has finally become pro-active. The steps announced are designed to lower the prices of basics like diesel, steel, cement and plastics. Wholesale Price Index (‘WPI’) has risen at more than ten per cent for...
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