-Down to Earth Every day, 54, mostly developed countries give nearly $2 billion in support to their farmers The sites of the farmers’ protests on the borders of Delhi are a microcosm of Indian peasantry — rich and poor, small and big, irrigated and rainfed and supported and not supported. The voices from these sites have now merged into one clarion call: Guarantee government support to farmers by legalising the minimum support...
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Around 45.6 lakh households did not receive their MGNREGA job cards despite applying for it till November end this year
-Fourth MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 10th December, 2020 The latest tracker of the Peoples' Action for Employment Guarantee (PAEG) focuses on the state of implementation of MGNREGA in the country. Highlights of the Tracker: 1. 1.3 crore Job Cards issued this year. 2. 13 percent unmet demand. 97 lakh households have had their demand unmet at some point in the year. 3. While over 1 crore more Households...
More »Employment contracts by 2.4% in November: CMIE -Chitranjan Kumar
-BusinessToday.in On month-on-month basis, employment declined by 0.9 per cent or 3.5 million in November, as against 0.1 per cent or 0.6 million fall registered in October Employment in India contracted for the second consecutive month in November, raising questions on the recent optimism around recovery in job markets in the aftermath of COVID-19 pandemic. In November, the count of the employed fell by 0.9 per cent or 3.5 million, as against...
More »Study points towards hunger and destitution amidst hope for a V-shaped economic recovery
Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...
More »Firms show increase in profits even as sales fall -Vineet Sachdev
-Hindustan Times The average PE (price earnings) multiple of Sensex companies , which measures the price of a stock as a multiple of its earnings per share, has risen to 31.49 in the current month, the highest since 1998-99 . The BSE Sensex, India’s benchmark stock market index, reached an all-time high of 44,825 on Wednesday, November 25. There is reason to believe that speculation and external tailwinds, rather than strong fundamentals,...
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