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Despite note-ban, rural wages on a steady climb in Nov: Nomura

-PTI Mumbai: Defying the impact of the note-ban which has yanked down consumer sentiment, rural wages have been on a steady upward spiral, rising by 7.3 per cent in November, suggesting a likely release of pent-up demand after demonetisation, says a report. “Nominal rural agricultural wages rose to 7.3 per cent year-on-year in November, from 6.9 per cent in October, remaining well above the previous 12-month average of 4.8 per cent,” Japanese...

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The majority at the margins -Jayati Ghosh

-The Indian Express Protests by the people against inequality are producing governments that move exactly in the opposite direction We all know that the world is an unequal place, both across and within countries. We also know that across the world, people are expressing their anger and disgust at this inequality. This is increasingly revealed in extreme and often paradoxical political results. In the US, a vote against the establishment has just...

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Want to know how India's richest 1 percent are wealthier than the bottom 70 per cent? Read on -Leela Prasad

-The Indian Express Studying micro economies such as Bastar gives us the tools to highlight the rising inequality between the bourgeoise and proletariat. New Delhi: In Delhi University professor Nandini Sundar’s meticulously researched book, The Burning Forest: India’s War in Bastar, the plight of the adivasis struggling to make ends meet paints a striking picture of the growing wage disparity in the “Maoist state”. Wages paid to the adivasis are strictly controlled...

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Pronab Sen, Country director of the International Growth Centre, interviewed by Ajaz Ashraf

-Scroll.in India’s first chief statistician, Pronab Sen, is now country director of the International Growth Centre, which seeks to build effective growth facilities through engagement between policymakers and researchers. In this interview to Scroll.in, he speaks on the 50 days of demonetisation, its failings, its severe impact on the poor, the loss of credibility of the Reserve Bank of India, the push to make India a cashless or less-cash economy, and...

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With Reduced Access to Healthcare, Demonetisation Deaths Are Likely Far Higher Than Reported -Bharat Dogra

-TheWire.in According to doctors working in hospitals providing low-cost treatment, the number of patients has reduced by about 30% since demonetisation. The recent debate on demonetisation-related deaths has taken place mainly in the context of people who died while waiting in bank queues or collapsed while standing in these queues and died soon after. In addition, there are those whose sudden death is being attributed to stress from not finding valid currency...

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