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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators

Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...

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Rural distress deepens: Wage growth dips, non-farm jobs hit -Harish Damodaran

-The Indian Express The last five years, in other words, have seen a slowdown in rural wages even after adjusting for inflation, which has been far lower than during the UPA regime. Rural wages have grown 3.8 per cent year-on-year in December, the lowest ever for this month. Together with depressed farm prices — annual wholesale inflation in December was minus 0.07 per cent for “food” and 4.45 per cent for...

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Farm income growth slumps to a 14-year-low in Oct-December 2018 -Harish Damodaran

-The Indian Express October-December 2018 is also the second consecutive quarter where growth in gross value added (GVA) from agriculture has been lower in nominal than in real terms. The country’s farm sector output may have grown by just 2.7 per cent year-on-year in October-December 2018, the lowest in 11 quarters. But what should worry the NDA government more than the low increase in “real” terms (i.e. at constant prices) is...

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MGNREGA workers in Jharkhand demand increase in wages and number of days of guaranteed work

-Press release by NREGA Watch (Jharkhand) dated 2nd February, 2019 Thousands of NREGA workers across Jharkhand spilled to the streets today to express their anger at the continued denial of their entitlements. In over 30 blocks of the state, workers raised their voice against the abysmal wage rate, acute shortage of work, increasing delays in payment of wages, and violation of several other rights. They also demanded work and submitted grievances...

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Jean Dreze, the Belgian-Indian economist, interviewed by Ujjawal Krishnam (National Herald)

-National Herald Well-known Belgian-Indian economist Jean Drèze, reflects on the times we live in this animated conversation with Ujjawal Krishnam Jean Drèze, the Belgian-Indian economist, true to his reputation, laces humour and an acerbic wit to reflect on the times we live in. Self deprecating, he brushes aside the question how he juggles between his roles as economist, activist and teacher. He wonders at the multi-tasking ability of Indian women instead. Nor...

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