-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

-Livemint.com/ HowIndiaLives.com Even as it presses for market reforms in agriculture, the Centre has been actively using the basket of schemes wholly funded by it to widen the social security net for farmers. Expect that to continue in the coming Budget In 2016, the BJP-led government set itself the target to double farmers’ incomes by 2022. An inter-ministerial committee set up to recommend strategies to meet this target highlighted seven sources of...

Remote teaching and learning promoted by Edtech companies as an alternative to physical classrooms, especially since the beginning of the COVID-19 pandemic, may have a sizeable consumer base in our country. However, at the bottom of the pyramid, there are only a few takers of online education. In reality, class and caste-divide, which is more prominent in rural areas, affects access to digital learning. The majority of the school going...

The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...

The pandemic's first wave had a devastating impact on the livelihoods of rural workers in Bihar (including the self-employed) last year, according to a survey based research, jointly done by economists from Centre for Development Economics and Sustainability at Monash University, Australia and the New Delhi-based Institute for Human Development. A recent press note issued by the authors of the study shows that almost 94.4 percent of the households participating...