-Livemint.com World Bank data shows that India’s per capita income, as of 2019, is about a fifth of China’s. What changed in the last three decades? Mint explores Until 1990, India’s per capita income was higher than that of China. However, data from the World Bank shows that India’s per capita income, as of 2019, is about a fifth of China’s. What changed in the last three decades? Mint explores. What was China’s...
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Lockdown further impoverishes those who were living on the edges of existence even during normal times, finds a new report
A recent survey that was conducted through telephonic interviews among 1,405 respondents across the states of Delhi-NCR, Uttar Pradesh, Bihar, Haryana, Himachal Pradesh, Assam, Rajasthan and Jharkhand reveals the precarious conditions of workers nearly 45 days after the announcement of COVID-19 lockdown. The report entitled Labouring Lives: Hunger, Precarity and Despair amid Lockdown tries to understand the extent (and depth) of job loss and hunger 45 days after the lockdown. Hunger and...
More »Centre's Agricultural Marketing Reforms Are an Assault on Federalism -Pritam Singh
-TheWire.in ‘One India, One Agriculture Market’ slogan is an open declaration of the centraliSing objective of these reforms. The central government recently introduced major agricultural market reforms through three ordinances: The Essential Commodities (Amendment) Ordinance 2020, The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020, and The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020. Since the inauguration of the Indian constitution on January 26, 1950,...
More »Contours of post-Covid economy suggest a new framework of employment -Ashish Kundra
-The Indian Express The current crisis should force a discussion on the levels of social protection which should be available to gig workers including wage protection, health benefits and safety assurance. COVID-19 has induced a domino effect in the global job market. A few days ago, a strange message landed in my LinkedIn inbox: Desperation was written all over the poignant plea for a job opening. Jobless Since March, with an aged...
More »Don't boycott China, say MSMEs! Input cost will shoot 40% -Nirbhay Kumar
-BuSiness Today MSMEs don't want the government to impose tariffs that will make buying raw materials from China difficult - all other countries sell lot more expensive * Higher tariff on key raw materials from China will raise input cost by 10-40% for MSMEs * Industry bodies want the government to chart out long-term plan for gradual import substitution * Ad-hoc measures like raiSing tariff and putting trade barriers could end up hurting local...
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