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Survey data on poverty and broad policy pointers -R Srinivasan and S Raja Sethu Durai

-The Hindu There needs to be engagement with survey data, but ground-level realities should shape programmatic interventions Based on multidimensional poverty measurement, the Poverty RATio (Head Count RATio) in Tamil Nadu declined from 4.89% in 2015-16 to 1.57% in 2020-21, based on the fourth and fifth rounds of the National Family Health Survey (NFHS) data. Is this too good to believe? Maybe so. Academics have questioned the quality of NFHS data for...

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Retail inflation softens to 6.71% in July, lowest since March; here's what economists say

-BusinessToday.in The July retail inflation level is in consonance with the projection and expectations of economists. India’s retail inflation modeRATed to 6.71 per cent in the month of July, the retail inflation is July has come down from 7.01 per cent in the month of June. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July,...

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Retail inflation falls to 6.71% for July, down from 7.01% in June

-The Telegraph In first three months of current fiscal, inflation remained above 7 per cent Retail inflation softened to 6.71 per cent in July due to modeRATion in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month. With retail inflation continuing to remain high despite a fall in prices of vegetables and edible oils, among other commodities in July, the Reserve Bank of...

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Tea garden workers’ daily wage hiked -Umanand Jaiswal

-The Telegraph Assam govt raises RATe for second time in 15 months Guwahati: The daily wage of tea garden workers in Assam was increased by Rs 27 on Wednesday, the second hike in 15 months. The hike, which will take effect retrospectively from August 1, will see tea garden workers in Brahmaputra Valley get Rs 232 a day, up from Rs 205 a day. Garden workers from Barak Valley will see their daily...

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Youth employment deterioRATed in India: ILO report -AM Jigeesh

-The Hindu ‘COVID-19 has hurt young people more than any other age group’ India experienced severe working-hour and employment losses in 2020 and 2021, and Indian youth employment deterioRATed in 2021 compared to 2020, according to the Global Employment Trends for Youth 2022 report released by the International Labour Organisation on Thursday. The recovery in youth employment is still lagging globally, the report says confirming that COVID-19 has hurt young people more...

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