-Newsclick.in The economy faces stagflation. The steps announced by the government are a start. More needs to be done to eliminate supply bottlenecks without curtailing demand. The Government, worried about the inflation rapidly inching up month after month, has finally become pro-active. The steps announced are designed to lower the prices of basics like diesel, steel, cement and plastics. Wholesale Price Index (‘WPI’) has risen at more than ten per cent for...
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Inflation Spiral is Hitting the Working Poor the Hardest -Sanjay Roy
-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...
More »The poor are bearing the brunt of inflation -Krishna Raj
-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
More »Healthcare Continues to Remain Inaccessible for Dalits and Adivasis, Says Study
-Newsclick.in The high healthcare costs were expected to be addressed through the introduction of health insurance by the Union government, but it covers less than 30% of hospital charges leaving a heavy financial burden on the poor. Health outcomes have remained grossly unequal, with India's dalits and adivasis living shorter lives of poorer quality, as per a recent paper published by Oxfam India. Private infrastructure now accounts for nearly 62% of India's...
More »Civil society members are unhappy with the abysmal rise in notified wage rates for MGNREGA in FY 2022-23
-Joint Press Note released by NREGA Sangharsh Morcha network and People’s Action for Employment Guarantee (PAEG) dated March 31, 2022 The wage rates for NREGA workers for FY 2022-23 were notied on 28.03.2022. The notication of the wage rate has been extremely late, with only 3 days remaining for the beginning of the next nancial year. Such a delay prevents any discussion or debate regarding the wage rates or their adequacy....
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