The average value of assets (AVA) of the top ten percent of urban households in India is more than seven thousand five hundred times greater than what the bottom ten percent owns. The AVA of the top decile was Rs. 1.5 crores, while the lowest decile owned an average of Rs. 2,000 of assets. The data is part of the All India Debt and Investment Survey - 2019, the survey for...
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Maharashtra farmer protest over onion prices - Livemint
Maharashtra farmers had taken out a foot march from Nashik to Mumbai in protest over onion prices. On Saturday one 58 year old farmer who had attended the foot march died at Shahapur police station in Thane district, informed the All India Kisan Sabha state general secretary Ajit Nawale. The Maharashtra farmers announced on Saturday that they have called off the march following assurance from the state government and the centre....
More »Over 51,000 Teaching Posts in Primary, 33,000 in Secondary Schools Lying Vacant in Uttar Pradesh - Abdul Alim Jafri
Newsclick There is an acute shortage of teachers in government-run primary, upper primary and composite schools in Uttar Pradesh, despite the guidelines on the teacher-to-student ratio issued under the Right of Children to Free and Compulsory Education Act (RTE) of 2009. The new academic session of Uttar Pradesh Basic Education Board schools is about to begin next month (April 1) but about 51,000 Posts of assistant teachers are lying vacant in the...
More »Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered
The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022. What happened to rural incomes in 2022? An...
More »Air Travel sets a new record in February - Anu Sharma
Livemint Air travel in India has surged to a new Post-covid record in February, with an unexpectedly robust showing in what is typically one of the slowest periods for airlines, driven by a rebound in corporate travel and demand from events such as the recent G20 meetings and Aero India. India’s average daily domestic air passenger numbers in February increased to around 420,000 from 410,000 in December. The average daily passengers in...
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