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Rural Wage Growth Plunges To 10-year Low

-IndiaSpend.com The wages of people living in rural India are no longer rising at the same rate as they were under the United Progressive Alliance government. Last week, The Indian Express reported that the average daily wage rate for rural India grew by 3.8% in November 2014 as compared to the same month the previous year. This is the lowest since 2005, said the paper. As recently as June, growth figures were...

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Rural wage growth lowest in 10 years, signals farm distress, falling inflation -Harish Damodaran & Surabhi

-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...

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Minimum monthly wages could go up to Rs 15,000 -Subhomoy Bhattacharjee

-The Indian Express The Centre plans to fix minimum national monthly wages at around Rs 15,000 for all jobs in both the formal and informal sectors in the country. The National Minimum Wages Act, 1948, lays down minimum wages for 45 listed economic activities, which also serve as minimum wages for these activities in the states. However, states can specify minimum wages for over 1,600 economic activities. Raising floor wages to Rs 15,000...

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We are farmers, not watchmen! -D Gopi

-The Hans India Vijayawada: Farmers of nine villages from the 29 identified, which will be the part of capital region, are up in arms against land pooling. Their firm stand is to save around 135 varieties of crops grown in the villages. The farmers are opposing the move by the government to take their fertile lands where the horticulture and commercial crops are grown along the 18 kilometer stretch from Prakasam...

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Storm in teacup: Food Security Act may leave 19 lakh families in Assam's tea gardens hungry -Simantik Dowerah

-FirstPost.com Uncertainty over the supply of subsidised foodgrain to over 19 lakh families in Assam whose livelihoods are linked to work in the tea gardens is threatening to not only spark dissent among workers but has got the industry leaders worried. To understand the impact, consider the case of Deepak Daori and Monica Daori - both workers at Mokalbari Tea Estate in Dibrugarh district. "We are worried that the our monthly ration might...

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