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What’s behind the ‘improvement’ in employment situation in labour force survey report -PC Mohanan

-ThePrint.in The improved employment scenario as per PLFS 2019-20 is restricted to women and is due to the increased percentage of rural women in the unpaid family worker category. The National Statistical Office (NSO) has recently released the third annual report of the Periodic Labour Force Survey (PLFS) for the year 2019-20 and also the quarterly estimates for urban areas based on the panel survey of urban households till June 2020. At...

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30 Years of Economic Reforms – A Saga of Growing Inequalities -Prabhat Patnaik

-Newsclick.in The votaries of economic reforms miss the point that while it may have increased GDP growth rate, it has worsened the conditions of the working people. It is 30 years since India adopted neoliberal policies in 1991, though some would date their introduction even earlier to 1985. Newspapers are full of assessments of the impact of these policies on the economy, and liberalisers from Manmohan Singh downward, have suddenly become visible,...

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Growth matters but income levels matter more -M Suresh Babu

-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...

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The rural economy can jump-start a revival -Himanshu

-The Hindu The Government needs to reverse its neglect and policy missteps as key indicators show the sector has resilience The second wave of the COVID-19 pandemic could be slowly receding with a decline in the official estimates of daily infections and deaths. The economy is also very gradually getting back to normal, with many States beginning to ease some of the restrictions imposed in their lockdowns. However, the challenge of an...

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Climate crisis will have catastrophic impact in India: Study

-IANS/ NationalHeraldIndia.com The climate emergency will have a catastrophic human and economic impact in India The climate emergency will have a catastrophic human and economic impact in India. Different threats will interact to devastating effect, as exemplified by cyclones Tauktae and Yaas during the second wave of the Covid-19 pandemic. A new review by the global think tank, ODI, The costs of climate change in India, released on Tuesday, laid out how rising...

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