ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Krishna RamSubscribe to Krishna Ram

Who Cares for Labour?

Around one-third of the informal workers in urban area earn less than the minimum wage stipulated for unskilled workers. Ten percent of employed workers are working poor, and around 27% are vulnerable workers. In total, around 37% (39 million) workers are either poor or vulnerable to working poor. The government’s failure to reduce this wage inequality and ensure even a bare minimum wage to a large chunk of the urban informal workers of whom the majority are Dalit, Adivasi, and Other Backward Class during the normalcy is strongly linked to the massive exodus of the urban informal workers to their native places during the COVID-19 pandemic.

Cereal Consumption as a Proxy for Real Income

This paper empirically investigates the relationship between cereal consumption and real income using pooled cross-section and time series data for a number of countries. It finds that the per capita total cereal consumption (i e, direct plus indirect) has a very strong association with per capita real income, though of course there are other factors which influence it too. The association is so strong that one would not be wrong in taking cereal consumption as a proxy for real income as has been suggested in the ongoing poverty debate in India.
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