Tomato prices are up through the roof. Retail prices are in the range of Rs 120-150 per kilogram in most mandis across India, making the household vegetable more expensive than petrol. Prices, which at the beginning of the year were in the range of Rs. 25 a kg, have increased by an order of between 500-600 percent. What does the data show? The National Horticultural Board is a body under the...
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Poverty and inequality
KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »Why don’t Indian fruit sellers make it big despite good profits? Imperfect competition, says study -Nikhil Rampal
-ThePrint.in Study by Nobel laureate Abhijit Banerjee & other scholars from US, UK and Canada found that fresh produce vendors charge high mark-ups but fail to adopt competitive market practices. New Delhi: Anyone who has haggled with a thelewala or streetside vendor in India knows that they often apply big mark-ups on prices and make good margins. Yet, selling fruits and vegetables in India is generally associated with “peanuts” when it comes...
More »Wanted: An urban equivalent of MGNREGA -Amit Basole and Rakshita Swamy
-Down to Earth Such a programme is the need of the hour not only as a measure to revive the urban economy now, but also to mitigate any further shocks to it in the future The collective memory of how India lived through the world’s largest lockdown will be seared by images of how our state and society dealt with the country’s workers. Left largely to fend for themselves, millions living in...
More »From Support to Disillusionment, How Cuttack Coped With the Lockdown -Surajit Das and Madhubrata Rayasingh
-TheWire.in Most of the people studied in the survey lost their sense of job security and said the government should put a robust unemployment programme in place. In order to understand the impact of the COVID-19 lockdown on the common people, we made 122 phone calls from June 1 to 5, covering 595 people in the business capital and the second largest city of the state of Odisha – Cuttack. The respondents were...
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