-Newsclick.in Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them. Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be even lower – around 1% - if inflation is taken into account. This slowing down of wage growth has happened in both rural and urban...
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Hunger Games? Govt may Shut Down Free Ration Scheme After September -Subodh Varma
-Newsclick.in A finance ministry note has reportedly warned against too much spending on food and other subsidies. The scheme for providing 5 kg food grain to every individual in addition to the subsidised ration given to ration card holders may be finished after September. Called the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), it was started during the first lockdown in April-May 2020 and has been extended every six months. It is...
More »Bihar Cuts Train Services As 'Agnipath' Rampage Continues: 10 Points
-NDTV.com Trains and stations have been vandalised and set on fire in Bihar over the last four days by Agnipath protesters. New Delhi: Train services were stopped in Bihar till 8 pm today and will be suspended again at 4 am tomorrow till 8 pm, authorities said, as the state continued to reel under the worst outbreak of violence over the 'Agnipath' military recruitment scheme. Here are the 10 latest developments in this...
More »India’s economy and the challenge of informality -R Nagaraj and Radhicka Kapoor
-The Hindu Policy efforts to formalise the economy will have limited results as the bulk of informal units are petty producers Since 2016, the Government has made several efforts to formalise the economy. Currency demonetisation, introduction of the Goods and Services Tax (GST), digitalisation of financial transactions and enrolment of informal sector workers on numerous government Internet portals are all meant to encourage the formalisation of the economy. But why the impetus...
More »Punjab Assembly Elections 2022: Ignoring the groundwater depletion problem -Gian Singh
-Down to Earth Blaming farmers alone won’t work; prices for crops other than paddy must be remunerative The Election Commission has announced the dates for Assembly elections in five states of the country including Punjab. The atmosphere regarding the Assembly elections is getting more and more dramatic every day. As in many previous Assembly elections, promises, claims and new promises are being made and repeated by the various political parties to win...
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