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Real wage rates of the rural workers hardly increased during the last 6 years

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...

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Fertiliser Crisis a Making of Government's Denial -Suresh Garimella

-Newsclick.in The roots of the present crisis lie in wrong policies adopted over the last two decades that have undermined domestic production of fertilisers led by the public sector and increased dependence on imports and production by the private sector. Indian farmers have been facing a major crisis because of shortages in availability and an unprecedented rise in prices of fertilisers. Fertilisers are a critical input for agriculture, and a shortage in...

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Russia-Ukraine crisis to push up fertiliser prices, govt subsidies

-IANS/ Business Standard India's agriculture sector is expected to face the heat from hostilities between Russia and Ukraine which are expected to push up prices and availability of Potash India's agriculture sector is expected to face the heCat from hostilities between Russia and Ukraine which are expected to push up prices and availability of -- Potash -- a key component used in the manufacturing of fertilisers. At present, Belarus and Russia are key...

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India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...

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Sudden Switch to Organic Farming Impractical: Kerala Farmers Protest Fertiliser Subsidy Cut

-Newsclick.in Farmers of the state’s rice bowl have said that the expenses and efficiency of organic farming are not viable for large-scale paddy production. Thiruvananthapuram: The price hike and shortage of chemical fertilisers and reduction in subsidies have galvanised the farmers of Kerala. The Kerala Karshaka Sangham (KSS), the state unit of the All India Kisan Sabha, organised protests at 210 centres across the state on Monday demanding the Narendra Modi government’s...

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