-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...
More »SEARCH RESULT
Total Matching Records found : 394
139 million people across Indian cities likely to run out of savings by month-end -Ganesh Rao, Praveen Ravi and Vishnu Padmanabhan
-Livemint.com 30% of India’s urban population may deplete their lifetime savings by the end of June and would find it difficult to meet essential consumption In the best of times, India’s poor lead a fragile existence but in the worst of times their situation becomes extremely precarious. The lockdown of the country over the past few months has discomfited everyone but it has hit the urban poor the hardest. Measuring vulnerability accurately is...
More »Union Budget 2020-21: An expert's guide to rural distress -Jitendra
-Down to Earth Nirmala Sitharaman's Budget has all the ingredients to deepen India’s farm crisis These are desperate times for India. Rural unemployment was at a 45-year-high while consumption expenditure of rural families fell 9 per cent between 2011-12 and 2017-18, according to a report by the National Sample Survey Office (NSSO), which the government never released but got leaked to the media in November 2019. Between 2011-12 and 2015-16, the income of farmers...
More »MGNREGA allocation slashed by Rs. 9,500 crore in the Union Budget 2020-21, allege Right to Work activists
-Press release by Peoples' Action for Employment Guarantee dated 1 February, 2020 The Peoples’ Action for Employment Guarantee is distressed to note the total lack of responsibility and sensitivity accorded by the Union Budget 2020-21 to the rural economy in General, and MGNREGA in particular. It is telling and obviously callous that the Budget estimate for this year at Rs. 61,500 crores is Rs. 9,500 crores less than the revised estimate...
More »For the rural poor, a manufactured crisis -Rajendran Narayanan
-The Hindu Instead of focusing on increasing rural wages, the BJP-led government is wasting resources on the NPR and NRC The National Population Register (NPR) and a possible National Register of Citizens (NRC), which will unleash a humanitarian crisis, are being pushed at a time when rural distress is acute. With the Budget due soon, let’s look at how the BJP-led government has served the interests of the rural poor. A grim picture The...
More »
