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A 29% non-govt GDP fall is behind abysmal growth -Vivek Kaul

-Livemint.com The collapse of GDP growth by 23.9% for the Apr to Jun period isn’t a surprise. The economy was under a strict lockdown for most of the time to contain the pandemic. Nevertheless, a little digging throws up interesting trends. Mint takes a look. * What does the GDP figure highlight? One way to measure the GDP is to add private consumption expenditure, government consumption expenditure, investment and net exports (exports minus...

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Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers

ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...

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Why farmers are not cheering their exceptional feat this kharif season -Richard Mahapatra

-Down to Earth Highest rice acreage in six years, more farmers in farms, a bounty monsoon and an expected bumper harvest don't enthuse farmers as their earning dips   It is a piece of news that everybody would love to cheer about, except those who made this possible. The current kharif season is exceptional. In comparison to last year, over eight million more hectares of farms are under cultivation this season. There are more...

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Over three-fourth of workers lost livelihoods since lockdown, finds a national survey of informal workers conducted by ActionAid India

-Press release by ActionAid India dated 13th August, 2020 Out of 11,537 respondents, over three-fourths reported that they had lost their livelihood since the imposition of the lockdown. Close to half of the respondents said that they had not received any income, and about 17 per cent had received only partial wages. Approximately 53 per cent said that they had incurred additional debt during the lockdown. More than half of the...

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Lockdown impact: Rural survey paints a grim picture -Sayantan Bera

-Livemint.com Overwhelming support for Modi government in rural India despite lack of day jobs and money crunch, finds Gaon Connection-CSDS survey New Delhi: Borrowing money to run households; wage work coming to a standstill; farmers unable to sell their harvest on time and at a fair price; a drop in income for most families; yet, an overwhelming support for Narendra Modi-led federal government’s management of the covid-19 crisis. These are some of...

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