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Rural distress increased sharply as farm wages fell - Santosh Mehrotra

- Deccan Herald Covid-19 reverse migration of labour added to joblessness A rise in self-employment and unpaid family labour three years into the Covid-19 pandemic even as wage rates fell is an indication that rural distress has risen, the economist Santosh Mehrotra writes. Economic distress was on an upward trajectory even before the Pandemic and the sudden arrival of millions of reverse migrants in 2020 added to the stock of unemployed people...

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Instead of Withdrawing Food Security, a Minimum Income Guarantee Is Needed -Santosh Mehrotra, Anjana Rajagopalan and Rakesh Ranjan

-TheWire.in A Minimum Income Guarantee would not just cushion exogenous shocks, but would arrest the process of vulnerability begetting vulnerability. While the worst of the pandemic is behind us, there has been a decline in general purchasing power amidst inflation. The provisional Consumer Food Price Index (combined for rural and urban) for September 2022 is pegged at 8.6%, a huge increase from 0.68% for September 2021. The latest Periodic Labour Force Survey (PLFS)...

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Unemployment rate rises to three-month high at 8 per cent in November: CMIE

-PTI/ The Telegraph Among the states, Haryana continued to have the highest unemployment rate in the country Mumbai: The country's unemployment rate rose to a three-month high at 8 per cent during November, according to data by the Centre for Monitoring Indian Economy (CMIE). The unemployment rate in urban India was higher at 8.96 per cent, while in rural areas, it was at 7.55 per cent, the CMIE data showed on Thursday. In October...

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Urban unemployment improved to best level in July-September -Abhishek Jha

-Hindustan Times Data also suggests that at least some of the improvement could be because of an increase in poor-quality jobs, a trend seen regularly since the Covid-19 pandemic India’s headline urban unemployment rate reached its lowest-ever level in the quarter ending September 2022, according to the quarterly bulletin of the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on November 24. However, the bulletin’s data also suggests...

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A month before polls, what is on the Gujarat voter’s mind? -Sanjay Kumar, Sandeep Shastri, and Suhas Palshikar

-The Hindu A recent survey on governance and development in the State brings out the importance of the economic plight of the people When Narendra Modi entered the national political arena in 2013-14, he was portrayed as the mascot of the Gujarat model of development. Now, nearly a decade later, do memories of that model resonate with the Gujarati voter? As Assembly elections approach, do the voters of Gujarat still take pride...

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