-Hindustan Times While open political contestation faces hurdles, the government needs to be held accountable Five weeks ago, the nationwide lockdown announced by Prime Minister Narendra Modi placed the Indian economy in cold storage. It also seems to have put politics on ice. As the government prepares to gradually dial down the economic freeze on May 3, politics, too, must emerge from its hibernation. Politics — at its core — is about...
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Country's non-income-based poverty level has fallen over the past 10 years, shows new report
For long, economists have argued among themselves whether income should be the only criterion for measuring poverty. After all, in real life a person can face multiple deprivations, say, in terms of access to education, health and living standards, among others. The multidimensional poverty index (MPI), which offers a valuable complement to traditional income-based poverty measures, was first introduced in the 2010 Human Development Report (HDR). The MPI looks at...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »Women hiring to dip over maternity leave; may cause 1.2cr job loss in FY19 -Namrata Singh
-The Times of India MUMBAI: A year ago, when the Maternity Benefit (Amendment) Act came into force, it was considered a landmark reform that positioned India among the top progressive nations, enabling women to stay in the workforce after childbirth. The well-intentioned amendment entitles working women to a 26-week paid leave, up from the earlier 12 weeks, something that progressive companies were already offering. With India’s women workforce participation rate dwindling from...
More »The signal and the noise in India's jobs data -Tadit Kundu, Udayan Rathore and Pramit Bhattacharya
-Livemint.com The new subscribers to EPFO likely represent formalization of a section of the regular workforce rather than new additions to it New Delhi: Ahead of the 2019 Lok Sabha elections, the jobs debate in India has heated up once again. Spokespersons of the National Democratic Alliance (NDA) claim the Indian economy has created an unprecedented number of jobs over the past couple of years. The opposition as well as some independent...
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