The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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Are we undercounting India’s women workers? -Roshan Kishore and Abhishek Jha
-Hindustan Times An HT analysis of per capita worker incomes and per capita incomes in China and India showed that India’s gap with China was much larger when it came to per capita incomes than per worker incomes. India needs more women to join the workforce. According to the latest Periodic Labour Force Survey (PLFS), only 25.9% of women between the ages of 15 and 49 were either working or looking for...
More »Research shows intermediaries’ role is misunderstood. Local market realities more at play -Shoumitro Chatterjee, Mekhala Krishnamurthy, Devesh Kapur and Marshall M Bouton
-ThePrint.in Researchers associated with Pennsylvania University’s India study centre looked at agricultural markets of Bihar, Odisha and Punjab. They found that intermediaries are a RATional response to the dominant structure of Indian farming. Most Indian farmers have tiny farms that yield meagre incomes. They face a multiplicity of risks, which jeopardises even these low incomes. These twin pressures are particularly acute in eastern India, manifest in the two states that were the...
More »Get food to worksites, says Aajeevika in Ahmedabad
-Civil Society News When the lockdown began to ease in June, migrant workers who had left Ahmedabad for their villages started returning to the city in the hope of finding some employment. It hasn’t been easy. Industrial areas haven’t opened up fully and employers are going slow on taking on workers. Sunk in debt with insecure work, hunger now stalks migrant workers. Entire families have been living out in the open on worksites....
More »Govt citing lack of fiscal space for reluctance to provide adequate support to economy is odd -Jahangir Aziz
-The Indian Express What needs to be ensured is that the recovery is not hamstrung by damaged household and SME balance sheets because of the extended loss of wages and incomes. This requires extensive income support now. Sometimes we miss the forest for the trees, and at other times the trees themselves become the story. That seems to be the case with India’s 3Q20 GDP print. Some have exulted over headline growth printing...
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