-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...
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India’s middle class shrank by 32 mn in 2020, says Pew report -Asit Ranjan Mishra
-Livemint.com The shrinking of middle class population could have a medium-term impact on India’s growth trajectory The coronavirus pandemic may have shrunk India’s middle-class population by 32 million and driven 75 million below the poverty line in 2020, a Pew Research Centre report said, as a severe recession walloped Asia’s third-largest economy. The report, which is based on an analysis of World Bank data, said that in comparison China fared much better, with...
More »Aadhaar as a hurdle: On authentication failures and welfare delivery
-The Hindu Inefficiencies in the Aadhaar project should not come in the way of welfare delivery The Supreme Court, on Wednesday, did the right thing by terming as serious the allegation by a petitioner that three crore ration cards were cancelled for not being linked with the Aadhaar database and that these were connected to reported starvation deaths in some States. The unique identification scheme has been in existence for more than...
More »Lessons in direct income support from Odisha -Varad Pande and Shilpa Kumar
-The Indian Express Governments can learn much on how to construct a social welfare system for farmers from Odisha's KALIA scheme for DIS. The recent farmer agitation has brought the issue of farmer distress front and centre in the public consciousness. The time seems ripe to find new solutions to the structural challenges facing farmers. One promising step is the shift from non-targeted agriculture subsidies towards direct income support (DIS). A key...
More »To start direct payment of MSP to farmers, FCI asks Punjab govt for land records
-The Indian Express The March 4 letter said that FCI, Zonal Office (N), Noida, has directed that land records are a must for wheat procurement in RMS 2021-22. Jalandhar: The Food Corporation of India’s (FCI) Punjab office on Thursday wrote to the director of food, civil supplies and consumer affairs seeking land records of farmers so as to make direct online payment of Minimum Support Price (MSP) to their Bank Accounts from...
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