-Newsclick.in The poorest, whose annual income surged by 183% between 2005 and 2016, have been most impacted by COVID-19, shows survey In a K-shaped economic recovery since COVID-19 hit India, there was a massive plunge of 53% in the annual income of the poorest 20% of Indian households from 2015-16 to 2020-21. Besides the drastic fall in their annual income, which was rising since 1995, the share of the poorest 20% in...
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Milk at Largest Private Dairy Company Turns Sour for Workers - Sruti MD
-Newsclick.in Hatsun Agro Products doesn’t pay minimum wages despite a turnover of Rs 5,500 crore and forces employees to resign. With a massive turnover of Rs 5,500 crore at the end of the 2021 fiscal, Hatsun Agro Products (HAP), the country’s largest private dairy products company, reported a massive 25% increase in net profit for the second quarter as against the same period in the previous year. Around the time the company planned...
More »India fares poorly in global ranking of pension systems
-The Hindu Business Line ICEland tops Mercer study on retirement income systems Old age security is a big worry for Indians as income at retirement is far from adequate for most people. Now, a global study done by Mercer Consulting validates this fear as it reveals that the Indian pension system ranks a lowly 40 in a comparative index of 43 systems. The primary objective of this annual survey by the global management...
More »Hindi gains ground via a demographic shift -Priscilla Jebaraj
-The Hindu 10 States with the most Hindi speakers account for 46.5% of India’s population When the Centre launched its NIPUN Bharat scheme to improve foundational literacy and numeracy among primary school students in July 2021, participants from non-Hindi speaking States complained that they were the ones left feeling illiterate as they could not understand either the speeches, nor the PowerPoint presentations on the scheme, all made in formal Hindi. A month...
More »IPCC report: ‘Code red’ for human driven global heating, warns UN chief
-United Nations News Climate change is widespread, rapid, and intensifying, and some trends are now irreversible, at least during the present time frame, according to the latest much-anticipated Intergovernmental Panel on Climate Change (IPCC) report, released on Monday. Human-induced climate change is already affecting many weather and climate extremes in every region across the globe. Scientists are also observing changes across the whole of Earth’s climate system; in the atmosphere, in the...
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