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...

-The New Indian Express “The man said his money was not bigger than the life of his fellow beings. Several such donations are being received,” CM Pinarayi Vijayan said in his evening media briefing. THIRUVANANTHAPURAM: Most people don’t mind donating money to a good cause. But only a few would be willing to give away almost all their savings in charity. A Beedi worker from Kannur, whose identity is yet to be...

-Down to Earth There is an urgency to adopt global labour standards and improve national-level labour registries for home-based workers, organisation says in its new report There is a need to develop effective policies for home-based workers and ensure their proper implementation even as the practice had increased since the novel coronavirus disease (COVID-19) pandemic, the International Labour Organization (ILO) said in a new report. Just 10 countries had ratified the Convention on...

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...

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...