-Hindustan Times Social discrimination and socioeconomic realities add to disadvantages faced by Scheduled Castes (SCs) in the labour market. Although we do not have employment trends from National Sample Survey Office (NSSO) after 2011-12, anecdotal evidence suggests that India’s job challenge might have worsened in this period. The slow pace of job creation inflicts greater suffering on the workforce in an economy. This suffering however is not the same for all...
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GDP Growth Rate: A Crown of Thorns -Subodh Varma
-Newsclick.in It is bizarre that the recent GDP numbers are being celebrated even as there are no jobs, workers wages are frozen and farmers are demanding better prices. There is much celebration in government circles and, of course, in the mainstream media, that in the first quarter of 2018-19 (April to June 2018), the GDP growth rate picked up to touch 8.2% compared with the same quarter last year (April to June...
More »Begging and Criminality -Prabhat Patnaik
-NetworkIdeas.org On Wednesday August 8, the Delhi High Court decriminalized begging in the capital. In the course of its hearing it had raised the question how begging could be an offence in a country where the government was unable to provide food and jobs; its final verdict is in line with this thinking. Of course there was no central legislation, or legislation relating specifically to Delhi, that had criminalized begging earlier;...
More »Rural wage growth killed by demonetisation; fell from 11% to mere 0.45% in last 3 years, shows Ind-Ra data -Pragya Srivastava
-The Financial Express India’s rural wage growth has slumped from an average of 11% in the financial years 2013-15 to a mere 0.45% in the financial years 2016-18, due to the negative impact of demonetisation, a report said. An analysis of 25 different occupations in rural areas by India Ratings showed that rural wage growth slumped to decimal points from double-digit in last three years despite government support. India Ratings noted that...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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