As Real Incomes Improved, Farmers’ Children Became Less Likely To Take Up Farming

Bengaluru: Although income mobility improved country-wide in the seven years to 2012, the progress was unequal between states, while the likelihood of children pursuing the same occupation as their fa...

2.5 Years After Demonetisation, Pune Workers’ Earnings Still Down

Pune: Arjun Kale, 50, a daily wage labourer in Pune, refused to vote in the 2019 Lok Sabha elections. “It makes no difference to us who is in power. All governments have ignored the needs of us labo...

India Expected To Grow At 7% In 2019-20: Economic Survey 2018-19

Mumbai: India continued as the fastest growing economy at 6.8% in 2018-19 and is expected to grow at 7% in 2019-20, the Economic Survey 2018-19 tabled in parliament on July 4, 2019, said. The average ...

Cash Prevails As Demand For Digital Payment Options Remains Low

Bangalore: A survey of more than 1,000 merchants has found that India’s low use of digital payments is not due to inadequate availability of options but because of low demand due to factors such as ...

India’s Gig Workers: Overworked And Underpaid

Mumbai and Bengaluru: Arif*, 28, shuffled uncomfortably in the driver’s seat of his Maruti Wagon R as he tackled the crowded streets of Lower Parel, Mumbai’s arterial business district, on a sultr...

Why Nifty, Sensex Rose After Every General Election Since 1999

Pune: India’s key stock market indices, the Nifty and Sensex, showed a rise six months after all the four Lok Sabha elections between 1999 and 2014, compared to the previous six months, according to...

Hindu Vigilantes Push Rajasthan’s Cow Trade Into Decline

New Delhi: The cow trade at a leading cattle fair in Rajasthan, India's second-largest cattle-trading state, fell 95% over six years to 2017, an indication of the decline in cow rearing--once a popula...

90% Of Jobs Created Over Two Decades Post-Liberalisation Were Informal

Mumbai: Of around 61 million jobs created in India over 22 years post-liberalisation of the economy in 1991, 92% were informal jobs, according to an IndiaSpend analysis of National Sample Survey Offic...

Why Construction Workers Missed Government Welfare Benefits For 23 Years

Mumbai and Vadodara: “I am at the naka or at a site working all day. I can’t take care of her from there, so I prefer she come with me and earn a bit for the house,” said Meena Ben Rathwa, holdi...

‘Congress Income Scheme Could Work But Must Not Replace Social Spending’

Bengaluru: The 10% reservation announced for economically weaker sections (EWS) by the Bharatiya Janata Party (BJP) government “may be usurped by the wealthiest”, while the minimum income guarante...