The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
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Are we undercounting India’s women workers? -Roshan Kishore and Abhishek Jha
-Hindustan Times An HT analysis of per capita worker Incomes and per capita Incomes in China and India showed that India’s gap with China was much larger when it came to per capita Incomes than per worker Incomes. India needs more women to join the workforce. According to the latest Periodic Labour Force Survey (PLFS), only 25.9% of women between the ages of 15 and 49 were either working or looking for...
More »Research shows intermediaries’ role is misunderstood. Local market realities more at play -Shoumitro Chatterjee, Mekhala Krishnamurthy, Devesh Kapur and Marshall M Bouton
-ThePrint.in Researchers associated with Pennsylvania University’s India study centre looked at agricultural markets of Bihar, Odisha and Punjab. They found that intermediaries are a rational response to the dominant structure of Indian farming. Most Indian farmers have tiny farms that yield meagre Incomes. They face a multiplicity of risks, which jeopardises even these low Incomes. These twin pressures are particularly acute in eastern India, manifest in the two states that were the...
More »The awkward myth of a revival in the country’s rural economy -Himanshu
-Livemint.com Low Incomes and poor farm-gate prices capture the reality of relentless distress in our hinterland National accounts data released last month estimated that the economy has contracted by 7.5% in the second quarter of 2020-21 compared to last year. For many, this was a sign of recovery, given expectations that India’s gross domestic product (GDP) would contract by around 10%. It is, no doubt, an improvement from the 23.9% GDP decline...
More »Doubling Farmers’ Incomes: A Critical Review of Policy -Sukhpal Singh
-Review of Agrarian Studies Farmers’ Incomes continue to be a concern in India because of the ongoing agrarian distress in India and depressed markets for agricultural commodities globally. The National Democratic Alliance government’s announcement that it would double farm Incomes by 2022 led in 2016 to the establishment of a committee to devise strategies and mechanisms for doing so. The Committee on Doubling Farmers’ Incomes published its Report in 14 volumes....
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