-Hindustan Times Unfortunately, there is no high frequency income or consumption data for the Indian economy. What we do have is monthly data for rural wages, which is available until June 2019. On Wednesday, media reports said that India’s leading biscuit-maker Parle Products Private Limited could cut up to 10,000 jobs as “slowing economic growth and falling demand in the rural heartland could cause production cuts”. The company’s flagship brand Parle-G...
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Slowdown in sale of biscuits and cookies: A blip in rural consumption or premiumisation of eatables? -Himadri Buch
-Moneycontrol.com The Rs 35,000 crore biscuit industry has several players, the top most being the Britannia and Parle, which accounts for 70 percent of the industry’s volume and revenues. Subdued rural growth has begun to show up in the cookies category of eatables, especially your tea-table humble biscuit plates. Reports have emerged that the staple biscuits category like Parle-G has slowed down in rural demand, although similar pains are not visible in...
More »Over 5,000 children abandon education in mica mining districts of Jharkhand, Bihar: survey
-PTI In its survey, the National Commission for Protection of Child Rights said it has observed that a section of children in the mica mining areas are deprived of opportunities and have started working as labourers to supplement their family income Over 5,000 children in the age group of six to 14 years have abandoned education in mica mining districts of Jharkhand and Bihar, and a section of them have started working...
More »IMF report flags several delays in India's data reporting -Vignesh Radhakrishnan
-The Hindu In 2018, India failed to comply with multiple requirements prescribed in the Special Data Dissemination Standard (SDDS) mandatory for all IMF members Chennai: Even as questions have been raised about the delays in data dissemination from various government agencies — the most recent data from the National Crime Records Bureau dates back to 2016 and accident statistics have not been updated since 2015 — a recent report published by the...
More »Agri families borrow more, eat less to cope with kin's suicide: study -Sayantan Bera
-Livemint.com * Average income of farm suicide families was just Rs.3,523 per month in 2016-17, below Rs.4,561 estimated by NSSO: study * The study found that 92% of farm suicide families were not enrolled under the centre’s flagship crop insurance scheme NEW DELHI: Agricultural households are trying to cope with the suicide of an earning member of the family by borrowing more, skimping on food and even taking recourse to bonded labour, a...
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