-The Hindu The draft report of the Murli Manohar Joshi-led Estimates Committee on “measuring growth, employment and income” asks the government on how it can address the critical issue of unemployment if it does not have “real time” and “holistic” data. A report by a parliamentary panel headed by BJP MP Murli Manohar Joshi, questioning the reliability of employment data collected by the government, has been stalled following protests by other BJP...
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India ranks 147th in Oxfam world inequality index
-PTI Ranks among bottom 10 countries London: India has been ranked among the bottom 10 countries in a new worldwide index released on Tuesday on the commitment of different nations to reduce inequalities in their populations. UK-based charity Oxfam International’s ‘Commitment to Reducing Inequality (CRI) Index’ ranks India 147th among 157 countries analysed, describing the country’s commitment to reducing inequality as a “a very worrying situation” given that it is home to 1.3...
More »'Rationalising subsidies, improving infrastructure could revive agri-sector' -Kiran Pandey
-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...
More »Farmers and smartphone politics -Jitendra
-Down to Earth Can pre-poll sops like giving smart phones with internet connectivity to farmers increase farm income? Last week, thousands of farmers and agricultural workers poured into the National Capital to attract and focus the attention of the Central government to their demands. The Mazdoor Kisan Sangharsh Rally, organised by farmers’ organization, All India Kisan Sabha, and the All India Agriculture Workers Union, broke all records as far as crowd numbers...
More »Why are rural wages crawling when farm GDP growth is galloping -Gaurav Choudhury
-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet. The...
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