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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Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered
The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022. What happened to rural incomes in 2022? An...
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 »A layperson's guide to understanding the global Human Development Report 2021/22
It is hard for the media to ignore the findings of global Human Development Report (HDR) whenever a newer and updated version is released. Every time when the HDR is published by the United Nations Development Programme (UNDP), media persons and commentators tend to compare the performance of their respective countries with that of performance in previous years as also with respect to the relative performance of other nations. One of...
More »Forget minimum wages, MGNREGA workers not even receiving notified wages in many states
Every year in the month of either February or March, the Ministry of Rural Development (MoRD) announces the notified MGNREGA wage rates (i.e., notified daily wage rates for MGNREGA workers) for various states and Union Territories (UTs) for the upcoming financial year. The MGNREGA rates are notified every year based on the increase in Consumer Price Index for Agricultural Labourers (CPI-AL). Like the previous years, in 2021 too, experts and civil...
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