The newly released Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round) establishes the fact that the farm households are more and more relying on wage incomes instead of 'net incomes from crop cultivation' for their livelihoods. In Marxian lexicon, proletarisation (a term that we can loosely use for depeasantisation) refers to the process in which the farmers/ tillers are...

-Hindustan Times Supporters of the three farm laws have been arguing that the new regime will help farmers receive better prices by selling products in the open market rather than the APMCs. SAS data does not support such a claim That Indian agriculture has been distress-ridden is an accepted fact in post-reform India. However, this is often discussed more in terms of farmers’ suicides, especially during the last decade, or abysmally low...

-TheWire.in Latest survey data confirms the increasing importance of livestock activities, which should come as a signal for policy makers. While the latest decennial NSS 77th round Situation Assessment of Agricultural Households (SAS) shows some improvement in the total income of farmers from various sources, a 10-percentage fall in the share of income from crop cultivation has also been reported during this period, which should be a cause for concern to policy...

-Networkideas.org  The International Monetary Fund has announced a fresh issue of $650 billion Special Drawing Rights in August which would be distributed among member countries in proportion to their IMF quotas. This amount is less than what had been demanded by many, which was a trillion dollars, but it does represent a small temporary comfort for the heavily indebted third world countries. Almost all of it will go into the pockets of...

-Newsclick.in In high and upper-middle-income countries, around 20% of all employed are overeducated; the corresponding share for lower-middle-income countries is around 12.5%, while in low-income countries it is less than 10%. Only half of the workers worldwide hold jobs corresponding to their level of education, according to a recent report by the International Labour Organization (ILO). The report pointed out that many people are working in jobs that do not match their...