-TheWire.in The ‘vikas’ train has begun to chug the wrong way, as it were. A worrisome aspect of the Indian economy is reflected in the share of employment in Agriculture dramatically rising from 42.5% of the total employed in 2018-19 to 45.6% in 2019-20. This may signify an unusually large movement of labour from industry or services sectors to Agriculture. The total number of persons employed in India varies between 400 million and...
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Private insurance companies benefitted the most from PM Fasal Bima Yojana: Report -Raju Sajwan
-Down to Earth Farmers yet to be paid Rs 5,724 crore for claims made in 5 years since scheme launch The Pradhan Mantri Fasal Bima Yojana (crop insurance scheme) may have benefitted some farmers but insurance companies surely made the most of it. In the five years since the scheme was launched, these companies received Rs 1,26,521 crore in premium payments and paid Rs 87,320 crore to farmers in loss claims — a...
More »Official data corroborates deepening of livelihood crisis in urban areas during the 2020 nationwide lockdown
The recently released quarterly Periodic Labour Force Survey (PLFS) data broadly confirms the dip in employment and jobs during the countrywide lockdown period, followed by a certain degree of recovery in the post-lockdown months last year as have been indicated by various survey-based studies and research papers. The quarterly bulletin on PLFS provides data on key employment and unemployment indicators i.e. Unemployment Rate (UR), Worker Population Ratio (WPR) and Labour...
More »Migration from factories to farms, a sign of distress -Mahesh Vyas
-Business Standard The government's Periodic Labour Force Survey (PLFS) report shows a sharp increase in employment in Agriculture from 42.5% of the total employment in 2018-19 to 45.6% in 2019-20 The reverse migration of labour from factories to farms that CMIE’s Consumer Pyramids Household Survey has been chronicling for long is also reflected in the government’s Periodic Labour Force Survey. The latest PLFS report shows a sharp increase in employment in Agriculture...
More »How Feasible Is MSP as a Legal Right? Farmers Discuss at Kisan Sansad -Indra Shekhar Singh
-TheWire.in Protesting farmers believe that the MSP will as a legal right will solve a lot of farmers' issues, including debt. While Prime Minister Narendra Modi was busy touting the Pradhan Mantri Garib Kalyan Anna Yojana, the Kisan Sansad (parallel parliament organised by farmers at Jantar Mantar) delved into a serious question – can the minimum support price (MSP) become a legal right? There were 200 new farmers’ representatives and six hours to...
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