-The Times of India CHENNAI: Poor incomes, mounting debts and family issues drove a good number of those in the lower socioeconomic bracket to suicide. Data put out by the National Crime Records Bureau ( NCRB) for 2014 said nearly 70% of the suicides were by people earning less than Rs one lakh per annum. This disturbing trend hasn't changed much. On July 18, in a suicide pact, a 35-year-old cab driver and...
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Dr. Vikas Rawal, Associate Professor at the Centre for Economic Studies and Planning, at Jawaharlal Nehru University, New Delhi, speaks to FAO
-FAO September’s post-2015 development agenda summit of heads of state and government may well attract global headlines this year, but much of the really significant work is being executed behind the scenes. As statisticians lock heads to come up with a workable indicator framework to measure and monitor the ambitious Agenda, Vikas Rawal, Associate Professor at the Centre for Economic Studies and Planning, at Jawaharlal Nehru University, New Delhi, describes the make-up...
More »Socio Economic Caste Census: Has It Ignored Too Many Poor Households? -NC Saxena
-Economic and Political Weekly A survey to identify who the poor are and how many are actually poor is necessary if programmes and benefits targeted at the needy are to reach them. The Socio Economic Caste Census, of which partial results have been published, was intended to do this. Yet, even a cursory look at the figures indicates that they call for a willing suspension of disbelief. N C Saxena (naresh.saxena@gmail.com) was...
More »India's rich got richer under UPA-II, will get wealthier under Modi govt
-Hindustan Times In signs of rising disparity in wealth distribution, only 928 households own a fifth of India's private wealth, according to a report by the Boston consulting group. The percentage of private financial wealth those 928 households own is 20%, the BCG report titled 'Global Wealth 2015: Winning the Growth Game' said. The number of such ultra high net worth households stood at 284 in 2013, and is projected to account for...
More »Estimates and Analysis of Farm Income in India, 1983-84 to 2011-12 -Ramesh Chand, Raka Saxena, and Simmi Rana
-Economic and Political Weekly This paper presents estimates of farmers' incomes from agriculture over the past three decades. The income earned by farmers from agricultural activities after paying for input costs and the wages for hired labour has seen low to high growth in different periods during the last three decades. In none of the periods do farmers' income or profitability of farming show any squeeze. The pace of growth in...
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