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Low Incomes Haunt India’s Growth -Subodh Varma

-Newsclick.in Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them. Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be even lower – around 1% - if inflation is taken into account. This slowing down of wage growth has happened in both rural and urban...

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India’s per capita healthcare expenditure remains near-stagnant -GS Mudur

-The Telegraph Sanjay Mohanty, professor of population health at International Institute of Population Sciences, says steady fall in total health spending in proportion to GDP is 'worrying' India’s per capita healthcare expenditure at constant prices has remained near-stagnant despite increases in government spending and decreases in household spending on healthcare over a six-year period, the latest national health accounts report has shown. India’s per capita total healthcare expenditure has changed little over that...

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Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap

There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...

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Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study

Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...

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A poverty trend in search of an explanation -Pulapre Balakrishnan

-The Hindu The delay in household consumption expenditure survey leaves us unsure of the studies A noticeable absence in the blitzkrieg of information on the economy periodically unleashed by the Union government over the past few years has been estimates of poverty. A measure of the progress made with respect to the reduction of poverty in India is crucial to an assessment of the state of the economy of India, known to...

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