-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
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Retail inflation is not just about petrol, diesel -TS Ramakrishnan
-The Hindu Business Line Rather than cut fuel prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...
More »All is Not Well With India's Gig Economy -Nilanjan Banik
-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....
More »Is participatory irrigation management working? -Kriti Bardhan Gupta and Kushankur Dey
-The Hindu Business Line A survey of Water Users’ Associations in Uttar Pradesh indicate that equitable distribution of water is still a distant reality Water is an indispensable factor of production in agriculture. Participatory irrigation management (PIM), adhering to the rules and norms of community-based natural resource management, gained salience by receiving thrust in the National Water Policy 2002. The PIM Act aims to monitor the equitable distribution of water resources between...
More »With over 42 lakh cases pending, Attorney General asks judges for possible solutions to cut down pendency -Kanu Sarda
-IndiaToday.in K K Venugopal on Friday urged the Chief Justices of various high courts to discuss possible ways to cut down on the pendency, stating that there are currently 42 lakh cases pending. India’s top law officer K K Venugopal on Friday urged the Chief Justices of various high courts to deliberate on the possible ways to cut down on the pendency of cases and find an effective cure to the menace. The...
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