Had distress been driving poor people to work, FWPR would have risen fastest for the poorest deciles of the rural population. In fact, rise has been slowest for the poorest decile, from 16.5% to just 19%. It has risen fastest for the top two deciles, from 19.4% and 19.9% to 32.6% and 33.5%, respectively. This is encouraging.
India’s bounce-back from the pandemic’s economic fallout was fast and sharp. In 2021-22, not only had the GDP of ₹149.25 lakh crore risen 9.1% over the previous year, it had also surpassed the preCovid level..
Economic inequality in India has widened, with the richest 1 percent of the country owning 22 percent of the total national income, while the top 10 percent
Rules based on India’s new labour welfare codes are yet to be finalised and implemented, the rural jobs programme remains underfunded despite high demand, and heading into 2022, India is yet to frame a comprehensive National Employment Policy