In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

-The Hindu Business Line Indian farmers gain as local wheat, maize, soyabean and mustard prices rise Prices of agricultural commodities, particularly wheat, maize, soyabean and palm oil, dropped significantly in the global market during the weekend, after having surged on February 24 when Russia ordered its troops into Ukraine.  The rates of most of these commodities dropped by over five per cent as members of the North Atlantic Treaty Organization (NATO) led by...

-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...

-The Hindu Business Line There is no guarantee farmers’ income will rise as the methodology for estimating cost of production is outdated, defective Although the farmers’ agitation that lasted over one year was finally called-off, their demand for a law guaranteeing minimum support prices (MSP) for crops is continuing. Can the MSP be legalised in a country that produces about 1,000 million tonnes of agri-commodities? If so, who will benefit from it?...

-Down to Earth The Centre had announced a scheme in the 2018-19 budget to upgrade rural haats so that small farmers could get fair prices for their produce It has been two years since an ambitious programme to convert 22,000 rural haats into Gramin Agricultural Markets (GrAMs) was launched. But only 1,251 have come up till now. This is barely six per cent of the target. Union Agriculture Minister Narendra Singh Tomar told...