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...
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1,750 Indians died due to extreme weather events in 2021, says new IMD report
In the month of January this year, more than 100 homeless persons died (please click here and here to access) in Delhi-NCR due to cold wave like conditions. Although a Delhi-based non-government organisation (NGO) Centre for Holistic Development (CHD) made that claim, and therefore asked the Chief Minister of Delhi to make proper arrangements for the homeless poor during winters, the officials of the Delhi Urban Shelter Improvement Board (DUSIB)...
More »Retail inflation rate rises to 4.91% in November 2021
-MoneyControl.com The CPI-based inflation rate has increased on a sequential basis. It was 4.48 percent in October 2021. The country's retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.91 percent during the month of November 2021, as per the data released by the Ministry of Statistics and Programme Implementation (MoSPI) on December 13. The inflation has increased sequentially, as it was recorded at 4.48 percent in October...
More »Official data on determinants of fertility has lessons for the misguided electorate
The virility of Muslim men vis-à-vis men from other religious communities have often been used as a political tool and to create a divisive agenda just before elections for getting votes from the majority of the Indian electorate who are Hindus. Instead of focusing on positive agendas like human development, employment generation, and poverty reduction, political campaigns just before the elections oftentimes reduce to mere communal propaganda (when a lot...
More »India's retail inflation rate rises marginally to 4.48% in October
-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...
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