-Down to Earth Every rupee spent on weather forecasting fetches 50-fold economic gains to below poverty line farming families A survey by the National Council of Applied Economic Research (NCAER) has shown that timely delivery of weather advisories to farmers had a significant impact on their income. The survey was done to gauge the economic impact of India’s investments on the National Monsoon Mission (NMM) and High Performance Computing Facilities (HPC). It...
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Why the new farm laws will not level the playing field -Arjun Harkauli
-Down to Earth Creation of unregulated private points of sale will only ensure that the produce continues to be sold as before — at below MSP and without any government support More than 86 per cent farmers in India own or cultivate on less than two acres of land and have little surplus to sell. They are the victims of middlemen (arthiya) at the mandis (local exchange markets) and are forced, by...
More »Covid puzzles: Jobs back, labour shrinks, demand low but inflation still high -Aanchal Magazine and Anil Sasi
-The Indian Express While much of the world is seeing benign inflation trends, India is a clear exception. Among the drivers of headline inflation in India in recent months has been food prices, especially those of vegetables. With economic activity picking pace after the easing of lockdown measures, the recovery has thrown up some paradoxes: revival in employment amid a fall in labour force participation, surging inflation rate despite disinflationary impact from...
More »Economic policy needs to address those who have seen the greatest distress during lockdown -Sonalde Desai, Neerad Deshmukh and Santanu Pramanik
-The Indian Express The urban poor is still finding it difficult to return to work. Targeting social safety nets towards them is necessary as the economy struggles to recover. While COVID-19 continues its assault on human lives, the Indian economy, after the devastation in the wake of the lockdown, is showing signs of recovering. Data from a variety of sources, such as exports and car sales, as well as data from NCAER’s...
More »Women spend most of their daily time in unpaid domestic and care work, shows the latest Time Use Survey data
Among other things, one of the reasons (given by some economists) behind low labour force participation rate (LFPR) of women vis-à-vis men in the country is that more young girls are educating themselves, causing an improvement in the secondary and tertiary enrolment rates. It means that more Indian women are staying out of the labour force in order to continue their education – secondary education and / or college &...
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