-The Indian Express While much of the world is seeing benign inflation trends, India is a clear exception. Among the drivers of headline inflation in India in recent months has been food prices, especially those of vegetables. With economic activity picking pace after the easing of lockdown measures, the recovery has thrown up some paradoxes: revival in employment amid a fall in labour force participation, surging inflation rate despite disinflationary impact from...
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Women spend most of their daily time in unpaid domestic and care work, shows the latest Time Use Survey data
Among other things, one of the reasons (given by some economists) behind low labour force participation rate (LFPR) of women vis-à-vis men in the country is that more young girls are educating themselves, causing an improvement in the secondary and tertiary enrolment rates. It means that more Indian women are staying out of the labour force in order to continue their education – secondary education and / or college &...
More »India’s GDP expected to contract by 9.6 per cent this fiscal: World Bank
-PTI/ The Indian Express "India's GDP is expected to contract by 9.6 per cent in the fiscal year that started in March," the World Bank said in the report released here. Washington: The World Bank on Thursday said that India’s GDP is expected to contract by 9.6 per cent this fiscal which is reflective of the national lockdown and the income shock experienced by households and firms due to the COVID-19 pandemic,...
More »Poorest households most in need often left out of PDS, finds study -Jagriti Chandra
-The Hindu Analysis of NFHS-4 data finds skewed distribution of BPL cards that provide access to various welfare schemes, including food ration A first-ever study on the linkages between the availability of PDS (public distribution system) ration and the prevalence of malnutrition finds that the poorest households most in need of free food grains are often left out of the scheme. The study is authored by Basant K. Panda, Sanjay K. Mohanty, Itishree...
More »Explained: Why it’s an underestimate to say only 6% farmers benefit from MSP -Harish Damodaran
-The Indian Express The actual number could be anywhere between 15 per cent and 25 per cent. “Only 6% of Indian farmers benefit from minimum support prices (MSP)”. So widely-quoted is this figure — especially in the context of the recently-passed Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act — that it has become a factoid or even truism. What is, isn’t counted The apparent source of the 6% figure is the Shanta...
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