In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
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Why rural India can't afford to buy biscuits -Roshan Kishore
-Hindustan Times Unfortunately, there is no high frequency income or consumption data for the Indian economy. What we do have is monthly data for rural wages, which is available until June 2019. On Wednesday, media reports said that India’s leading biscuit-maker Parle Products Private Limited could cut up to 10,000 jobs as “slowing economic growth and falling demand in the rural heartland could cause production cuts”. The company’s flagship brand Parle-G...
More »Private sector salaries logged slowest growth in a decade -Vineet Sachdev
-Hindustan Times It is also the first time in seven years that the share of salaries in sales revenue has come down. Hit by decelerating sales growth, Indian companies are tightening spending on their wage bills. Private sector salaries recorded their worst growth in 10 years in fiscal year 2018-19. It was also the first time in seven years that the share of salaries in sales revenue came down. These results are...
More »The UAPA amendments: What it really means -Nitika Khaitan
-Hindustan Times The changes empower the government to designate individuals as terrorists, merely if it believes so On August 8, 2019, the President assented to amendments to the Unlawful Activities (Prevention) Act (UAPA), 1967, introducing a set of changes to an already draconian law. The most fundamental of these changes empowers the government to designate individuals as terrorists, merely if it believes so, leaving little to no recourse for them to protest...
More »It's 2019 but women barely figure in top positions, panels and pages in the media -Cherry Agarwal
-Newslaundry.com The number of women in top leadership positions across Indian newsrooms stood at 13.6 per cent for magazines, 20.9 per cent for TV channels, 26.3 per cent for digital portals and less than 5 per cent for newspapers. The media industry has long championed the cause of women’s representation—from women’s entry into Sabarimala to the Women’s Reservation Bill. However, they seem to have done little to ensure adequate representation in their...
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