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Size of rural families shrinks: Sample registration system report -Abhishek Jha

-Hindustan Times The Total Fertility Level (TFR) – defined as the number of children a woman is expected to have in her reproductive age (15-49 years) – in rural and urban India in 2019 has been estimated to be 2.3 and 1.7 Smaller rural families and an increase in working-age population -- these are some of the findings from the latest report of the Sample Registration System (SRS; for 2019) which was...

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RBI lifts interest cap on microfinance institutions, bans usurious rates

-Business Standard Borrower cannot be charged any amount not been explicitly mentioned in a factsheet, says regulator. The Reserve Bank of India (RBI) on Monday released its final guidelines for microfinance loans, lifting an interest cap and allowing companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. The regulator said each entity has to disclose pricing related information...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Behind ‘Writing with Fire’: three women and their thirst for truth in Oscar 2022 entry -Aseem Chhabra

-The Hindu As ‘Writing with Fire’ competes at the Oscars, filmmakers Rintu Thomas and Sushmit Ghosh look back on why they decided to follow three Dalit journalists for five years Six years ago, when New Delhi-based filmmakers Rintu Thomas and Sushmit Ghosh attended a meeting at the Khabar Lahariya office in Chitrakoot, Uttar Pradesh, they had no idea how deeply engaged they would soon get with the lives and work of the...

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India’s new budget: much fanfare, missed opportunity -Happy Pant and Sarah Farooqui

-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world  have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...

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