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The pandemic’s hidden cost: Suicides among Indians who lost jobs and income -Tabassum Barnagarwala

-Scroll.in India saw an unprecendented economic upheaval in the last two years. With it came a mental health crisis – and a wave of suicides. Trigger warning: This article contains references to suicide and some people might find it disturbing. In December 2020, in response to the devastating impact of the Covid-19 pandemic, the Tata Institute of Social Sciences in Mumbai decided to set up a dedicated mental-health helpline for slum residents of...

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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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India’s new budget: much fanfare, missed opportunity -Happy Pant and Sarah Farooqui

-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world  have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...

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A recipe to deepen the distress in rural economy -Himanshu

-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

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