-The Hindu Getting financial institutions to a healthy state when they can begin to lend confidently is most crucial for faster growth We bid goodbye to 2019 with a sigh of relief. Anything that could go wrong went wrong during this year. Growth rate plummeted. From the level of 8.1% in the fourth quarter of 2017-18, quarterly GDP growth fell to 4.5% in the second quarter of 2019-20, a fall of 3.6...
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Real rural wages plunge 3.8 per cent in September -Harish Damodaran
-The Indian Express The daily wage rate in rural India for male workers across 25 occupations (12 agricultural and 13 non-agricultural) averaged Rs 331.29 during September, as per field data compiled by the Labour Bureau. Real rural wages growth has fallen to an all-time-low of minus 3.8% in September, further confirming the deep structural slowdown in ‘Bharat’ that is also Evidenced in sluggish fast-moving consumer goods (FMCG) and two-wheeler sales. The daily wage...
More »India is a country with pervasive inequality, pockets of deep deprivations and vulnerable populations -Shoko Noda
-The Indian Express The 2019 Human Development Report points to the limits of economic growth in lifting all boats. It also offers a way forward. Grappling with Delhi’s poor air quality for these last couple of months, I have become aware of a stark difference in the way I cope with air pollution, and the way many others do not — because they cannot. Despite the growing Evidence detailing the catastrophic impact...
More »Tremors within Chhattisgarh govt over encounter probe report: 'Cabinet misled' -Dipankar Ghose
-The Indian Express Sources told The Indian Express that the state government decided to table the report after a hurried Cabinet meeting late Saturday. During the meeting, sources said, at least two ministers claimed the Cabinet had been “misled” earlier about the contents of the report. The report of the Justice V K Agarwal enquiry commission, which found no Evidence to support claims by security forces that 17 people killed in...
More »Right to food: The politics of vegetarianism in India -Abhirup Dam
-The Telegraph With malnutrition levels as bad as sub-Saharan African countries, a vegetarian diet is just an imposition for Indians Indian cuisine is not a homogenous entity, and food habits differ along regional, religious, caste, and class lines. Yet there is an assumption in dominant discourses that India is a vegetarian nation. According to Dr Veena Shatrugna, former Director, National Institute of Nutrition, Hyderbad, contrary to any such assumption, about 80 per...
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