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Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered

The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022.    What happened to rural incomes in 2022? An...

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Demand for work under NREGS hits 8-month high - Economic Times

Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) inched up in February to scale an eight-month high, after a month-on-month fall in January, reflecting an uneven recovery in broader economic activities. According to rural development ministry data, 26.3 million individuals opted for work under the scheme in February, up 1.7% from the previous month. Demand for the work came from 21.2 million households, recording a 2.4%...

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Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna

Financial Express India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, government data showed on Tuesday. India’s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics...

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What if El Nino materialises in 2023? - Vinson Kurian

Hindu Businessline El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade winds weaken and warm water gets pushed back East of the Pacific, towards the West coast of the Americas.  Generally, El Niño occurs more frequently than...

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In the Age of False News: a Murdered Journalist and an Unfinished Investigation in India - Forbidden Stories

In 2017, journalist Gauri Lankesh was assassinated in Bangalore days before she planned to publish an article about disinformation. Over five years later, Forbidden Stories pursued Lankesh’s work on fake news and explored new leads in her murder case Phineas Rueckert & Srishti Jaswal - Forbidden Stories Oishika Neogi - Confluence Media Prajwal Bhat - Newsminute Laura Höflinger - Der Spiegel  On September 5, 2017, as 55-year-old journalist Gauri Lankesh walked up to the entryway...

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