A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...
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A vote of no confidence from the farmers -Yogendra Yadav & Avik Saha
-The Hindu There is enough evidence to show that the government has failed farmers and agricultural labourers in a big way As the Lok Sabha debates the vote of no confidence today, representatives of farmers from across the country will be marching outside Parliament under the banner of All India Kisan Sangharsh Coordination Committee (AIKSCC), an umbrella body of 201 farmer organisations. Farmers have already passed a vote of no confidence against...
More »Real rural Wage Growth back in negative territory
-Livemint.com Rural workers’ real wage rate growth was very high in 2014, but has fallen dramatically since then Rural Wage Growth for men for both agricultural and non-agricultural occupations (simple average) was 3.53% in March from a year ago. But consumer price inflation for rural India was 4.44% in March. That means the real rural Wage Growth, or Wage Growth after taking inflation into account, was negative during the month. In other...
More »India's rural inflation has started pinching
-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...
More »How India's Women Work: 80% Employed in Rural Areas, More Than Half Suffer Illiteracy -Rounak Kumar Gunjan
-News18.com Most of these women are agricultural labourers who work on someone else’s land in return for wages. New Delhi: Women living in urban parts of the country are involved in household chores more than their counterparts in rural areas. According to Census 2011 data and the latest round of National Sample Survey (NSS), rural women make up 81.29% of the female workforce in India. The statistic includes both marginal and main workers....
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