If someone is a rural male, what occupation would he prefer? A rational person might say that depending on the highest prevailing daily wage rate in a particular occupation (which is subject to seasonal variation) vis-à-vis the rest, he will make his choice. An exercise undertaken by the Inclusive Media for Change team based on the latest available month-wise wage Data of rural men shows that there is a seasonal variation...
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India bearing the cost of ignoring rural distress -Himanshu
-Livemint.com In the last three years, wages of agricultural labourers have increased only by 0.5% per year while those of non-agricultural workers have declined by 0.25% per year, the worst so far in 30 years The agrarian economy continues to be plagued by falling output prices, declining incomes and increased variation in agricultural production pointing to a situation of uncertainty and vulnerability among most rural residents. This has created an unprecedented demand...
More »How agri credit is missing those who really need it -TCA Sharad Raghavan & Sobhana K Nair
-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...
More »Petrol and diesel prices to be slashed, oil companies to share burden -P Suchetana Ray
-Hindustan Times In the last few days, fuel prices have touched record highs, with petrol costing Rs 76.87 per litre in Delhi and diesel Rs 68.08 a litre. In the last nine days, the price of petrol has risen by Rs 2.24 and diesel by Rs 2.15. New Delhi: Fuel prices are likely to be slashed by Rs 2 to Rs 4 in the next few days and a decision will...
More »The Invisible Majority -Vedeika Shekhar
-The Indian Express Women form 80 per cent of urban migrants, but public policy is blind to their concerns. A recent UN report says India is on the “brink of an urban revolution”, as its population in towns and cities are expected to reach 600 million by 2031. Fuelled by migration, megacities of India (Delhi, Mumbai and Kolkata) will be among the largest urban concentrations in the world. Interestingly, the 2011 Census...
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