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Reading the Tea Leaves on Financial Inclusion: The Case of Rural Labour Households -S Chandrasekhar

-Economic and Political Weekly Understanding the extent of financial inclusion of rural labour households is important since in the intercensal period 2001-11, the proportion of agricultural labourers in the workforce increased by 3.5 percentage points. This paper examines progress in financial inclusion using information on indebtedness of rural labour households collected by the National Sample Survey Office as part of the surveys of employment and unemployment conducted in 2004-05 and 2009-10....

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'I don’t tell them if I am not well, as I may lose a day’s salary' -Harsha Raj Gatty

-The Indian Express Domestic workers in the state are meant to get minimum wage of Rs 5,000, health care benefits, scholarships for kids, life insurance. It's 4 am and Vasanthi B is already up. After years, it's now a habit, and she doesn't need an alarm to wake up to get her daughters Shweta, Shilpa and Shobha, aged 11, 9 and 7 respectively, ready for school. By the time they leave at...

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Housing For Poor Can Spur Economic Growth

A new report on India's housing sector confirms with facts and figures what has been suspected all along: that despite growing demand for affordable housing, supply side responses have been weak and sluggish. This means even though the housing sector can directly impact employment and income generation, and has multiple forward and backward linkages with various industries, it needs innovative ideas, pro-poor thinking and policy stimulus. (See link below for...

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Odisha's vicious migration cycle: 'Do you want to part with your leg or hand?' -Debabrata Mohanty

-The Indian Express Odisha: A December night two desperate men, held captive by a labour contractor, were asked this, and had to make a choice. DEBABRATA MOHANTY reports on the latest victims of Orissa's vicious migration cycle It had been a fortnight that Dialu Niyal and Nilambar Dhangdamajhi had been held captive and subjected to physical and verbal abuse. Nothing though had prepared them for what happened on December 15 night deep...

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Veggie prices push inflation to 10.09%

-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...

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