-Livemint.com Industry estimates suggest two-wheeler sales for fiscal year 2021-22 (FY22) will close out at 14.5 million units, the lowest volume in almost a decade. This betrays a deep distress in incomes of rural households. Mint explains the fault lines: * Why are two-wheeler sales falling? Rural demand contributes 50-60% of two-wheeler sales in the commuter segment. Price increases, rising fuel prices and unseasonal rains leading to poor crop realizations have hit the...
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Travails Of Landless Labour - The Untold Story Of Punjab’s Agricultural Success -Sandeep Chachra
-Outlook India Sandeep Chachra is Executive Director, ActionAid Association and Co-chair of the World Urban Campaign, UN-Habitat. He discusses and expresses views of the ground reality of the success behind Punjab's Agriculture Industry. "Microfinance companies are breaking our backs. Many women in our block have taken loans that they can't repay. During COVID, these loans have swelled up, and the company agents threaten us, take away our belongings, our gas cylinders. I...
More »Forget minimum wages, MGNREGA workers not even receiving notified wages in many states
Every year in the month of either February or March, the Ministry of Rural Development (MoRD) announces the notified MGNREGA wage rates (i.e., notified daily wage rates for MGNREGA workers) for various states and Union Territories (UTs) for the upcoming financial year. The MGNREGA rates are notified every year based on the increase in Consumer Price Index for Agricultural Labourers (CPI-AL). Like the previous years, in 2021 too, experts and civil...
More »Displacement and Livelihood of Industrial Workers on the Periphery of Delhi: Case Study of workers in Narela Industrial Estate -Dr. Tanya Chaudhary
-Newsclick.in The case study of Narela shows that informal workers exist in a perpetual cycle of precariousness, distress and displacement in a megacity. The case study of Narela shows that informal workers exist in a perpetual cycle of precariousness, distress and displacement in a megacity. While this cycle could be broken through interventions in the realms of social provisioning and legislative framework, the State’s policies instead seem to be working towards strengthening...
More »Poor Economics: Has India’s poverty really fallen? -Santosh Mehrotra & Jajati Parida
-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free rations of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...
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