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SBI Report: Average income of middle class grows from Rs 4 4 to Rs 13 lakh in last ten years

The State Bank of India has released a report titled ‘Deciphering Emerging Trends in ITR Filing: The Ascent of the New Middle Class in Circular Migration,

India is making remarkable progress in achieving equitable, collective prosperity: PM Modi

India is making remarkable progress in achieving equitable, collective prosperity: PM Modi
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Average income of middle-class Indians triples from Rs 4 4 lakh in FY13 to Rs 13 lakh in FY22

An SBI Research Report based on income tax returns filed for FY11 to FY22 shows positive trends, such as rise in average income of the middle class and significant decline in the number of returns with zero tax liability.

Agrifood systems knowledge exchange through Australia-Pacific circular by Federico Davila, Olivia Dun et al

Pacific Island workers contribute significantly to Australiaʼs agriculture and food security through the Seasonal Worker Programme (SWP). Previous studies show the economic benefits of the SWP to both Australian agro-industries and Pacific workers. However, there are limited studies about the agricultural knowledge exchange that occurs via the circular migration enabled by the SWP, and the experiences of workers and employers as agricultural knowledge holders. With the SWP merged into the Pacific Australia Labour Mobility Scheme, there is an opportunity to help define how circular migration is both an economic and agricultural development policy. In this paper, we present findings from interviews with 63 workers (from Solomon Islands, Tonga, and Vanuatu) about agricultural knowledge and skills acquired and exchanged via SWP participation. We provide a discussion of opportunities for knowledge exchange in international labour mobility, and areas of future research in circular migration

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