Preliminary findings of a survey among 3,994 respondents from 11 states reveal that most vulnerable households and communities, such as SCs, STs, OBCs, PVTGs, slum dwellers, daily wage labourers, farmers, single women headed households, etc. continue to witness depressed incomes during September-October in comparison to their income levels prior to the lockdown. The face-to-face survey conducted by the Right to Food Campaign and Center for Equity Studies (instead of telephonic...
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The dangers of misplaced optimism -CP Chandrasekhar
-The Hindu The government’s economic recovery hype is off track and this is not a time for fiscal conservatism Preliminary evidence that India’s economy contracted by 7.5% in the second quarter of financial year 2020-21 was, as news, both good and bad. Good because that figure is far lower than the 23.9% contraction registered in the first quarter of this financial year. Bad because a 7.5% second quarter contraction is high both...
More »EMI crisis creeping up on borrowers -Shayan Ghosh
-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis MUMBAI: For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at...
More »Bihar scrapped APMC Act, mandi system 14 years ago; here’s what it did to farmers -CK Manoj
-Down to Earth Why are farmers protesting the government’s ’reforms’, ask many. A look at how Bihar’s farmers have fared may explain The recent controversy about India’s newly minted farm laws have brought back into focus what Nitish Kumar did a decade-and-a-half ago: Shutting down the mandi (wholesale markets for agricultural produce) system in 2006. The much-touted ‘reform’ has impacted the state’s farmers, and not in a good way. Farmers have had to...
More »The Honey Trap -Amit Khurana, Arnab Pratim Dutta and Sonal Dhingra
-Down to Earth Investigation into the business of adulteration of honey This story begins in the mustard fields of north India where beekeepers are getting ready for the next honey season. When the yellow flowers are in bloom, the bees suck the nectar and bring us goodness in the form of honey, which we then consume because of its many beneficial properties. We were alerted that beekeepers from this region and other...
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