-The Hindu Business Line Economy is recovering but rural labour market still in distress Even as the economy is on the recovery track — spurring optimism about job creation and better employment prospects — a large part of the labour force, especially in the rural areas, continues to face challenges. Data from the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) indicates that stress in the labour market, which escalated after Covid-19 lockdowns,...
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Book Review: Working Lives in the Shadows of the Global City -Aparna Sundar
-TheWire.in Supriya RoyChowdhury's 'City of Shadows' is a compelling study of the lives of the poor in a rapidly globalising Bengaluru. The long caravans of workers leaving the cities for their villages during the national lockdown in 2020 made visible the large proportion of urban workers WHOse homes are in the villages. Combined with the farmers’ protests, they brought attention to the crisis in agriculture and the failure of agrarian livelihoods that...
More »WHOlesale inflation surges to 30-year-high at 14.23 per cent
-The Telegraph The November figures stand out vis-a-vis a modest 2.29 per cent in the same month last year WHOlesale inflation spiked to a 30-year high at 14.23 per cent in November — a level that hasn’t been seen since India embraced economic liberalisation in 1991. The surge was led by a vault in the prices of food, fuel and power, basic metals and chemical products. Inflation based on the WHOlesale price index (WPI)...
More »Terrorists Killed 1,724 In J&K In 31 Years, 89 Kashmiri Pandits: RTI Reply -Mohammad Ghazali
-NDTV.com Data from a second RTI request showed that 88 per cent of the 1.54 lakh people, or 1.35 lakh individuals, WHO fled the Valley since 1990 - were Kashmiri Pandits Chandigarh: Terrorists in Kashmir killed 1,724 people - of WHOm 89 were Kashmiri Pandits and the rest were "people of other faiths", including Muslims - over the past 31 years, the Srinagar district Police HQ said last month in response to...
More »Sticky to the core
-The Hindu Business Line Besides global factors, structural inflation, which is sticky, might be setting in. The RBI should be ready November readings for WHOlesale and consumer price index, the first at a three decade high and the second at a more modest three-month high, are a cause for concern. They raise questions over whether the Monetary Policy Committee’s projections for retail inflation will hold. A 14.2 per cent spike in WPI...
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