Even though the fact-sheet on the Consumption Expenditure Survey has been officially released, the debate on poverty is far from over. For all of India, it would imply a poverty line of ₹445 per day, slightly higher than the government notified minimum wages. This was only ₹310 per day in case of agricultural workers, lower than the estimate reported by …
February 12, 2024 11:06 pm | Updated February 13, 2024 09:54 pm IST With the BJP-led government exuding over-confidence on the state of the economy, the interim Budget presented earlier this month has shifted focus to fiscal consolidation. Even then, the simple truth which is evident from the official data is that on average, real GDP growth was at least …
Published : Jul 24, 2022 18:00 IST India is experiencing a job market crisis. With about 40 per cent of India’s 1.41 billion population in the labour force, this implies that about 42 million people who were available for work were not employed. Since results from these surveys can be compared, the government has taken credit for the apparent rise …