-Business Standard This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13 The recent survey by the National Bank for Agriculture and Rural Development (Nabard), which attracted criticism for increasing the threshold of income for agricultural households, has some insights into how the rural landscape in the country has been changing. Released on August 17, the survey defined those households as agricultural that...
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From Plate to Plough: Lean year as a foundation -Ashok Gulati & Shweta Saini
-The Indian Express NABARD’s new survey offers a baseline to double farmers’ incomes. But is a survey done in a drought year a reliable yardstick? On August 16, NABARD presented the nation with a gift when it released the results of its All India Rural Financial Inclusion Survey (NAFIS). Among other things, the survey estimates 2015-16 farmers’ income levels. In February 2016, when Prime Minister Narendra Modi presented his vision of doubling...
More »ILO Wage Report Paints a Sorry Picture of Economic Inequalities in India -Anumeha Yadav
-TheWire.in Real average daily wages improved between 1993-94 and 2011-12, but gains of growth have bypassed casual workers, women and rural areas. Over the past two decades, India became one of the two fastest growing economies in the world, alongside China. The gross domestic product (GDP) has risen four folds since 1993. But has this growth been distributed to lower economic inequality? Has the increase in wages matched the pace of growth...
More »ILO: Strong wage policies are key to promote inclusive growth in India
-ILO News Despite real wage growth, inequality, informality and gender wage gap persist. New Delhi: While India’s economy in the past two decades has seen an annual average GDP rate of 7 % — low pay and inequality persist according to the India Wage Report: Wage policies for decent work and inclusive growth , published by the International Labour Organization. The NSSO estimates also indicate that the real average daily wage has doubled...
More »Income of farm households 23% higher than non-farm homes: Nabard survey
-The Hindu Business Line New Delhi: The income of agricultural households, which account for nearly half the rural households in the country, surged to Rs 1,07,172 in 2015-16 at a annual compound growth rate (CAGR) of 12 per cent since 2012-13. According to a rural survey carried out by the National Bank for Agricultural & Rural Development (Nabard), while the average annual income levels of non-agricultural households in 2015-16 stood at Rs...
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