-Newsclick.in Nearly 93% of the Indian garment workers were pushed below the international poverty line of the World Bank in April and May, 2020 Garment workers lost a significant amount of wage during the pandemic in six Asian countries including India. Workers’ wages were at poverty levels even before the pandemic, and were pushed further below the International Poverty Line in their countries by the pandemic, according to a recent report titled...
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The state of India’s poor must be acknowledged -Seema Chishti
-The Hindu This is ‘abject poverty’, and if the economy is to be repaired, the number of the poor has to be meticulously counted The son of a corn merchant-turned sociologist, Charles Booth had little patience for Charles Dickens and others in his time, who used lyrical prose to describe the desperation of the poor in working class London. Booth was also angry, in 1885, over the claims made by F.D. Hyndman,...
More »The pandemic in data: Not only are India’s poor eating less, they are eating less nutritious food -Shoaib Daniyal
-Scroll.in Indians need more relief measures during the second Covid-19 wave. Even before the pandemic hit, India was one of the world’s most malnourished countries. As could be expected for such a country with such poor development indicators, Covid-19 hit India’s poor hard. To compound the problem, the Indian government put in place what was the world’s harshest lockdown with little planning. A new paper by economists Jean Drèze and Anmol Somanchi has...
More »GDP shrinks by 7.3%; Q4 uptick moderates 2020-21 carnage -Vikas Dhoot
-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...
More »Indian women are suffering more than men during the pandemic, data shows -Vrishti Beniwal
-ThePrint.in The unemployment rate for women shot up to 17%, more than double the rate for men, data from private research firm Centre for Monitoring Indian Economy revealed. New Delhi: Women in India suffered disproportionately because of the coronavirus outbreak last year and they are once again at the receiving end of the pandemic’s second wave, adding to the risks of economic recovery. From lower wages to job losses and slower pace of...
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