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Low Incomes Haunt India’s Growth -Subodh Varma

-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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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...

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‘Suraksha’ plank finds particular resonance in Uttar Pradesh -JP Yadav

-The Telegraph For the better-off upper castes, it has acquired the context of the safety of their sisters and daughters Bareilly, Rampur: Sitting outside a small medicine-cum-stationery shop at Khirka village in Bareilly district, Rakesh Gangwar, Ramdas Kashyap and Puranlal Gangwar unhesitatingly declare their support for the “phool” (lotus). Each lists the reasons almost in the same order, as though they had prepared beforehand for the question.   The top reason for all three —...

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Social Sector Given Short Shrift in Budget -Rashme Sehgal

-Newsclick.in Major budgetary allocation cuts in crucial schemes for women, children and vulnerable sections are indicative of the government’s lopsided priorities. Finance Minister Nirmala Sitharaman’s budget has helped reinforce one home truth -- that India is divided into the salaried section and a vast underbelly, including the middle class who have been edged into poverty due to job losses suffered during the COVID pandemic. Coming out of the pandemic’s ‘third wave’, issues of...

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A cycle of low growth, higher inflation -Anand Srinivasan

-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...

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