-Scroll.in Entrepreneurs from the Scheduled Caste category own 6.8% of these enterprises, while those in the Scheduled Tribe category own just 2.1% of them. People belonging to the general category own 61.8% of all the micro, small and medium enterprises in India, The Hindu reported on Wednesday, citing Government data. The Mandal Commission, which looked into the question of Other Backward Class reservation, has defined general category as groups that are “socially and...
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Retail Inflation Shot Up to 6.95% in March: Government
-TheWire.in It is for the third straight month that the retail inflation remained above the Reserve Bank of India's comfort zone. New Delhi: Consumer price-based inflation jumped to 6.95% in March, mainly on account of costlier food items, according to Government data released on Tuesday. The Consumer Price Index (CPI) based inflation was 6.07% in February. The inflation in the food basket was 7.68% in March, up from 5.85% in the preceding month. It is...
More »Amrit Kaal: Crushed Under Joblessness and Low Wages -Subodh Varma
-Newsclick.in Work participation has steadily declined, unemployment is at 7% or more and median yearly income in 2020-21 was an abysmal Rs.1.7 lakh, as per CMIE. In the past five years, the economic slowdown, pandemic and its disastrous response and the Narendra Modi government’s indifference to the common people has led to a steadily worsening economic crisis. The government, perhaps buoyed by electoral successes, has given up on reviving the living condition...
More »Burden of farm expense has increasingly passed from Centre to states -Abhinav Surya
-TheFederal.com Of the total public expenditure in agriculture, the Centre’s share fell from 50% to 37% between FY11 and FY20, while the states’ increased from 50% to 63% Fiscal federalism and Centre-state financial relations have always been a hotly discussed topic, with sharper debates arising in recent times. The total burden of public expenditure on the Central exchequer as a share of gross domestic project (GDP) has declined over the past decade,...
More »India’s great poverty debate: Season 2 -Roshan Kishore
-Hindustan Times Almost two and a half years after the 2017-18 Consumption Expenditure Survey (CES) was scrapped, the ‘great Indian poverty debate’ seems to have resurrected itself. The second season of this debate, interestingly, has started from Washington DC, not India. Poverty statistics in India have always been the subject of controversy. The country saw a big debate on the trend in poverty and the veracity of poverty estimates in the 2000s....
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