-Press release by FAO dated 6 July 2022 The latest State of Food Security and Nutrition report shows the world is moving backwards in efforts to eliminate hunger and malnutrition Rome/New York: The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United...
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Fall in FMCG sales shows a declining quality of life
-The New Indian Express High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. In this respect, fast-moving consumer goods (FMCGs) that are bought daily have seen lower sales through June, compared...
More »MGNREGS hits record with 3.1 crore families seeking work in May. It’s a cry for help from Bharat -Sayantan Bera and Nikhil Rampal
-ThePrint.in From a record-breaking number of households demanding work under the MGNREGS to the stark decline in consumption and FMCG sales — all signs point to a rural livelihood crisis. New Delhi: Consider a job offer where day wages are less than both statutory minimum wages and market wages for unskilled workers. The work may last for about 10 days at a time, and payments may take more than two weeks, at...
More »Poor Economics: Has India’s poverty really fallen? -Santosh Mehrotra & Jajati Parida
-Financial Express Dataset and methodological weaknesses cast doubt on recent poverty estimates that claim drastic reduction Bhalla, Bhasin and Virmani in a working paper (IMF), claimed India’s poverty, per a $1.9 per person per day poverty line (at PPP), was 0.9% of the population in 2020. Thanks to government transfer of free rations of 5 kg per person month, it fell to 0.8% (from 0.9% in 2019). Roy and de Velt, for...
More »Data, interrupted: On official household spending survey
-The Hindu Reviving the official household spending survey is only a first step India’s official statistical machinery is gearing up to relaunch the All-India Household Consumer Expenditure Survey, traditionally undertaken quinquennially, from July 2022. If it fructifies, the result may be known towards the latter half of 2024, provided the Government permits the release. The last such Survey (2017-18), did not get such a sanction — its results reportedly indicated the first...
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