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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Dairy farmers demand Tamil Nadu government to hike procurement prices
-The Hindu Dependence on private sector is on the rise, they say Channai: Farmers supplying milk to the Tamil Nadu Cooperative Milk Producers Federation (Aavin) have urged the State government to increase procurement prices. Citing the example of another cooperative, Amul, which has recently hiked selling price of milk by ₹2 per litre, M.G. Rajendran of the Tamil Nadu Milk Producers Welfare Association said farmers in Gujarat, where Amul is based out of,...
More »How GST is killing small businesses with inspector raj and suffocating compliance -Ritesh Kumar Singh
-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s economy, which will help expand the tax...
More »Crude Oil Prices Rise, Tracking Russia-Ukraine Conflict -Rahul Karunakar
-NDTV.com (with Inputs from Agencies) Crude oil prices rose over 0.5% on Tuesday, as the Ukraine conflict drags on, albeit well below a seven-year high hit last week. Crude oil prices rose over 0.5% on Tuesday, as the Russia-Ukraine conflict drags on, albeit well below a seven-year high after Russia's invasion of Ukraine began last week, which is the most significant attack on a European country since World War Two. While global financial...
More »India's Writing With Fire, on the story of Khabar Lahariya, nominated for Oscars
-The NewsMinute.com/ With Inputs from PTI Directed by Rintu Thomas and Sushmit Ghosh, both debutants, 'Writing With Fire' chronicles the rise of Khabar Lahariya, India's only newspaper run by Dalit women. Indian documentary Writing With Fire has been nominated in the Best Documentary Feature category at the 94th edition of the Academy Awards. The nominations were announced by Tracee Ellis Ross and Leslie Jordan on Tuesday, February 8, via the Twitter page...
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