-The Hindu Using the latest quarterly estimates to point to an economic rebound seems flawed; recovery is likely to remain modest The decline in the quarterly GDP growth rate, by 7.5% during July-September 2020 (FY 2020-21: Q2), compared to a 24% decline in the first quarter has raised expectations of a sharp economic recovery after the novel coronavirus pandemic and the national lockdown. But is such optimism justified? A tracker India’s GDP at current...
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Women have borne brunt of wage decrease due to COVID-19, says ILO -Damini Nath
-The Hindu Their working hours were reduced, says agency in report Women and lower-paid workers have disproportionately borne the brunt of the decrease in wages due to the COVID-19 crisis as their working hours were reduced, according to the International Labour Organisation’s (ILO) Global Wage Report 2020-2021. The report, released on Wednesday, said global wage growth fluctuated between 1.6% and 2.2% in the four years preceding the pandemic, that is 2016 to 2019. “In...
More »Nearly 40% Indians paid bribes to use public services, highest among most Asian nations -Vignesh Radhakrishnan and Sumant Sen
-The Hindu About 47% of the Indians surveyed said that corruption had increased over the last 12 months The share of Indians who gave a bribe to avail themselves of a public service in the 12 months before a survey (the bribery rate) by Transparency International was conducted was the highest among the Asian nations surveyed. Nearly half the Indians surveyed said that corruption had been rising in the country over the...
More »The perils of deregulated imperfect agrimarkets -R Ramakumar
-The Hindu The Farm Acts were legislative misadventures, while much more is needed to address the genuine fears of farmers The eruption of massive farmers’ protests across India against the Farm Acts has shocked those in the seat of power in Delhi. According to the government, many private markets will be established, middlemen would disappear, farmers would be free to sell to any buyer and farmgate prices would rise. But the protesting...
More »Amid An Important Farmer Debate, Don't Forget the Woes of India's Landless Workers -Bharat Dogra
-TheWire.in While landless farm workers and landless peasants outnumber land-owning farmers, the former are almost entirely absent in the policy and policy-debates on farming. What is the most numerous segment of Indian society? Many people routinely believe that it is land-owning farmers. But no, the latest census Data says that it is the rural landless who comprise the largest segment of our populace. At present, the latest census Data we have is for...
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