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Tale of two Indias: Income of Poorest 20% Tanks 53% in 5 years, Richest 20% Rises 39%

-Newsclick.in The poorest, whose Annual Income surged by 183% between 2005 and 2016, have been most impacted by COVID-19, shows survey In a K-shaped economic recovery since COVID-19 hit India, there was a massive plunge of 53% in the Annual Income of the poorest 20% of Indian households from 2015-16 to 2020-21. Besides the drastic fall in their Annual Income, which was rising since 1995, the share of the poorest 20% in...

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See Sonar Bangla shine and leave behind India, Pakistan on economic & social indices -Mani Shankar Aiyar

-The Telegraph With a per capita income at a whopping $2554, poverty is down; exports are up and GDP is fueled by both agriculture and manufacturing; but the downside is a growing nexus between politics and business There is justifiable pride all around at Bangladesh’s remarkable performance in both the economic and social development dimensions. “Pakistan and India don’t matter. We have done better than both!” The figures speak for themselves. The renowned...

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The under-nutrition problem in Bundelkhand should receive equal attention of the policymakers, if not more

Recent media reports point out that the Bundelkhand region of Uttar Pradesh is likely to get about Rs. 6,300 crore projects ahead of the upcoming Uttar Pradesh assembly polls, including a Rs. 400 crore worth plant for the propulsion system of anti-tank guided missiles in Jhansi. The foundation was laid for the first project in the Jhansi node (related to the Uttar Pradesh Defence Industrial Corridor) on November 18, 2021. The two...

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The WTO’s challenge to MSP is another frontier to cross -Prabhash Ranjan

-The Hindu The need is to convince farmers of other effective policy interventions that are World Trade Organization compatible The demand of farmers to provide a legal guarantee for the minimum support price (MSP) for their produce has triggered a nationwide debate. Some believe it would be “fiscally ruinous” to procure all the 23 crops for which MSP is announced annually. Others contend that procuring these crops would be a logistical nightmare....

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Understanding the NCRB data on suicides with caution

The increase in the total number of suicides committed in India during 2020 in comparison to the previous years has hit the headlines recently. While some media commentators have stated that the economic distress (caused by job loss, income loss, failure of business, and growing hunger, among other things) in 2020 could have led to more suicides being committed, others have said that home isolation and deteriorating mental health (associated...

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