-Down to Earth Although the average farm income per month saw a rise in the last four years, it is still not enough to help farmers cope with the current agrarian crisis A latest report by the National Bank for Agriculture and Rural Development (NABARD), a government agency, again, shows the vulnerability of Indian agriculture households.   The NABARD All India Rural Financial Inclusion Survey (NAFIS) shows that average agriculture household income was...

-ThePrint.in Three richest states in India are three times as rich as three poorest, which is why we can’t ignore spatial inequality. In a recent review of James Crabtree’s new book, The Billionaire Raj, also reviewed by me, columnist and part-time member of PM Modi’s Economic Advisory Council, Surjit Bhalla, pays my co-author, political economist and presently data guru for the Indian National Congress, Praveen Chakravarty, the following compliment: “In a much...

-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...

-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...

-TheWire.in The Ayushman Bharat scheme provides support to the most deprived portion of India’s population and engages private insurance players, positive steps that must be welcomed. In his speech on the 72nd Independence Day this year, Prime Minister Narendra Modi remarked that India’s economy, once a sleeping elephant is now running. The same cannot, however be said about the healthcare system of India. This elephant is malnourished, weak, diseased and lumbering at...