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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Andhra Pradesh extends support to SC women farmers for natural farming push -Shagun

-Down to Earth The government will use its extensive network of women’s self-help groups to encourage the transition. The Andhra Pradesh government announced financial support to more than 70,000 women from scheduled castes (SC) to promote natural farming among marginal farmers. Natural farming excludes the application of chemicals and promotes traditional agricultural practices. It is regarded as particularly useful for smallholder farmers as it reduces dependency on purchased inputs.   A one-time subsidy of...

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India is waking up to the hidden benefits of natural farming -Sayantan Bera

-Livemint.com Early adopters claim higher yields and low cultivation costs. But scientific validation is awaited Government can keep fertilizer subsidies in check. The fertilizer subsidy bill, driven by a spike in natural gas and other raw material prices, is set to touch a staggering ₹1.3 trillion in 2021-22 Life is what happens when you’re busy making other plans. Or so it happened to KV Homendra. At 23, he went for a degree in...

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The pitfalls of legalising farm support prices -A Narayanamoorthy

-The Hindu Business Line There is no guarantee farmers’ income will rise as the methodology for estimating cost of production is outdated, defective Although the farmers’ agitation that lasted over one year was finally called-off, their demand for a law guaranteeing minimum support prices (MSP) for crops is continuing. Can the MSP be legalised in a country that produces about 1,000 million tonnes of agri-commodities? If so, who will benefit from it?...

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MSMEs hit by Raw Materials’ Price Rise, Entrepreneurs Down Shutters in Protest -Neelambaran A

-Newsclick.in After facing severe setbacks due to demonetisation, hasty implementation of GST, and the ill-conceived COVID-19 lockdown, the MSMEs are gasping due to a steep rise in raw material prices. In a first, the entrepreneurs of the micro medium and small enterprises (MSME) went on a one-day strike across the country on Monday. Affected severely by the policies of the Union government, the ill-planned lockdown in March 2020, and now by the...

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