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...
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A peek into the Modi government's (likely) budget 2023 - CNES Infosphere
- Deepanshu Mohan, Soumya Marri, Bilquis Calcuttawala, Malhaar Kasodekar, Aniruddh Bhaskaran and Hemang Sharma A pre-budget deep dive by the Centre for New Economic Studies (CNES) Infosphere team has come up with some interesting takeaways. The analysis has looked at past macroeconomic and budget trends to set the tone for Budget 2023-24. They do this by looking at capital and revenue expenditure, sectoral analysis of budget expenditure and a scheme-wise allocation...
More »Urban unemployment improved to best level in July-September -Abhishek Jha
-Hindustan Times Data also suggests that at least some of the improvement could be because of an increase in poor-quality jobs, a trend seen regularly since the Covid-19 pandemic India’s headline urban unemployment rate reached its lowest-ever level in the quarter ending September 2022, according to the quarterly bulletin of the Periodic Labour Force Survey (PLFS) released by the National Statistical Office (NSO) on November 24. However, the bulletin’s data also suggests...
More »Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
More »How well did the women workers fare during the pandemic years? The yearly PLFS reports provide some mixed answers.
Do you want a job that does not pay you at all? The answer will be surely 'no' for most of us. And yet, in our previous analysis, it was found that the proportion of 'helpers in household enterprises' among the total number of workers grew over various rounds of annual PLFS (Periodic Labour Force Survey), from 13.3 percent to 15.9 percent between PLFS 2018-19 and PLFS 2019-20, and then...
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