-Livemint.com Why is retail inflation then touching new heights? It is mainly because CPI and WPI are two different sets of indicators with varied compositions While the retail inflation as measured by the Consumer Price Index (CPI) touched a 16 month high at 4.62% in October, the wholesale price inflation measured by the Wholesale Price Index (WPI) is at the verge of entering the negative territory. The gap between the two is...
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India has a new code to simplify law on minimum wages -- but it doesn't give workers any real benefit -Anupama Kumar
-Scroll.in It provides no guidelines to account for minimum consumption by households, despite Supreme Court rulings on this. Over the past year, the government has taken steps to consolidate India’s complicated patchwork of labour laws into four codes. The Code on Wages, 2019, which received presidential assent on August 8, is the first of the codes to come into effect. This Wages Code has been enacted with the express objective of simplifying...
More »A logical bias could be keeping us from noticing South India groundwater crisis -Sagnik Ghosh
-TheWire.in "It's pretty ubiquitous and we need to pay attention to it." During World War II (1939-1945), pilots were interested in ways to make their fighter jets more resistant to getting shot. To this end, the Allied forces at least would inspect jets that returned from sorties and check where the bullet holes were. Then they would reinforce those areas and send the planes back. Fortunately for them, a statistician realised that this...
More »Ashok Dalwai, CEO, Doubling Farmers' Income Committee, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)
The Hindu Business Line In an article on Monday, this writer pointed out how it is a challenging task to double farmers’ income, given the fall in output prices and the higher cost of farm inputs. In an interview, Ashok Dalwai, CEO, Doubling Farmers’ Income Committee, talks about the various measures the Centre is taking to ensure it is on the right track and reaches its target by 2022. According to...
More »Creating jobs for young India -Jayan Jose Thomas
-The Hindu If India does not make effective use of the strengths of its youth now, it may never do Amartya Sen had once quipped that India’s unemployment figures were low enough to put many developed countries to shame. Professor Sen was, of course, not commending the country’s record in employment creation, but instead, highlighting the difficulties involved in measuring employment and unemployment in a developing country. Unemployment has been at the centre...
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