-The Hindu High demand in migrant destination States, not source States: it says Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has dropped from the peak of the FIRst lockdown, but is still higher than pre-COVID levels, the Department of Economic Affairs said in its annual Economic Survey, noting that this is “an indicator of rural labour markets”. However, it cautioned against drawing conclusions about the movement...
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"Revenge For Farmers' Protest": Farm Leaders Disappointed, Slam Budget -Sukirti Dwivedi
-NDTV.com Budget 2022: "Agriculture employs more than half the working population, yet the centre paid little attention," a prominent farm leader said. New Delhi: Farmers are disappointed with the meagre announcements made for them during today's budget speech by the finance minister, a prominent farm leader who was involved in last year's protests said. Farmers across the country were keenly following the budget speech with a lot of hope as this is...
More »A hazy picture on employment in India -Ramesh Chand and Jaspal Singh
-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the FIRst indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...
More »A Pandemic and a Union Budget: A Study in Three Acts -Suyash Rai
-TheWire.in How did the onset of the pandemic affect already-struggling budget management, how did the second wave affect the measures taken in Budget 2021-22 and what should we look for in the upcoming Budget? The latest estimates suggest that India’s economic output in 2021-22 is likely to, once again, reach the level it was at in 2019-20. If this happens, the pandemic would have delayed India’s journey to prosperity by two years....
More »NREGA Sangharsh Morcha demands a hike in MGNREGA Budget for FY 2022-23
-Press release by NREGA Sangharsh Morcha dated 30 January, 2022 The stress on the economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of survey conducted by People’s Research on...
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