In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...
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How GST is killing small businesses with inspector raj and suffocating compliance -Ritesh Kumar Singh
-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s economy, which will help expand the tax...
More »India Among Top 10 Autocratising Nations, Says Report on Global Democracy
-Newsclick.in Among 179 countries, India ranked 93 in the Liberal Democracy Index, and 100 in the Electoral Democracy Index, says V-Dem’s report. New Delhi: India has figured in the top 10 autocratising countries of the world along with El Salvador, Turkey and Hungary, and projections indicate that there will be a further decline in democracy in the country, according to a recent report released by the Sweden-based V-Dem Institute (Varieties of Democracy...
More »Panic buy in Punjab, farmers stock diesel to cut costs -Harpreet Bajwa
-The New Indian Express As crude oil prices soar to record highs, panic buying of diesel has started in Punjab with a 70 per cent rise in sales as compared to the same period last year. CHANDIGARH: As crude oil prices soar to record highs, panic buying of diesel has started in Punjab with a 70 per cent rise in sales as compared to the same period last year. People fear that...
More »Bullish turn: The return of the bullock to India’s farms -Shagun
-Down to Earth Post mechanisation, for the first time there is innovation in farm equipment to revive bullocks and aid small farmers Simhachalam calls himself a ‘bullock entrepreneur’. Each agricultural season, this farmer from Andhra Pradesh’s Sangra village travels with his pair of bullocks to work on other people’s farms in nearby villages for a fee. Like most other parts of the country, bullocks in these tribal villages are traditionally used only for...
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