-Business Standard Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, writes T N Ninan Crises in the Indian economy used to be the “normal”. In the 12 years from 1962 to 1974, India fought three wars, suffered four droughts that produced famine in places like Bihar, and lived through the first oil shock, which saw a quadrupling of crude oil prices. The...
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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...
More »Uttar Pradesh verdict: Onward ho to a ‘Hindu Rashtra’ -Rajesh Sinha
-TheFederal.com BJP’s second consecutive win in Uttar Pradesh shows the electorate’s overwhelming acceptance for Hindutva politics despite personal grievances against policies that have led to mass-scale unemployment, rising prices, and other issues that seemingly hit closer home BJP has not just broken the Uttar Pradesh jinx of 35 years to score the second consecutive win in the state assembly elections, its victory is going to set the course of Indian politics till...
More »Kendriya Vidyalayas raise entry age of students to six, parents protest -Basant Kumar Mohanty
-The Telegraph A KVS official said the change in the adMISsion criterion for Class I had been implemented to match the NEP guidelines New Delhi: The central government-run Kendriya Vidyalaya Sangathan (KVS) has changed the age criterion for adMISsion to Class I from five-plus to six-plus from the coming academic session, raising the prospect of thousands of students MISsing out on the opportunity of receiving quality and affordable education. The change in policy...
More »India’s new budget: much fanfare, MISsed opportunity -Happy Pant and Sarah Farooqui
-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...
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