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Veil on job data spurs poser: How deep is the crisis? -Basant Kumar Mohanty

-The Telegraph Demand for work under the MGNREGA was at its highest in the 2018-19 fiscal The job crisis has deepened and become more commonplace during the last five years, according to officials familiar with employment data. Consider this: Demand for work under the national job scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), was at its highest in the 2018-19 fiscal. Started in 2006 to provide a fallback employment source to...

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Universal basic income not a panacea for poverty -Piyush Kamal

-The Pioneer In the absence of any sunset clause or distinct feature to identify the beneficiaries who succeed in climbing themselves out of poverty, the scheme of direct cash transfer as an income support welfare measure and as a potent tool of empowerment does not sound convincing even on paper Thanks to the proposal for the universal basic income, it has become a topic for discussion as one-fifth population of this country...

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MS Swaminathan, father of Green Revolution, interviewed by Jitheesh PM & Jipson John (Newsclick.in)

-Newsclick.in In an interview, the ‘father’ of India’s Green Revolution, says while technology is necessary, policies on procurement and public distribution are far more important in making agriculture economically viable and sustainable in the country. No one has played a more instrumental role in India’s self-sufficiency in food production than Dr MS Swaminathan — world-renowned agricultural scientist, known as the ‘Father of Green Revolution in India’. After getting a PhD from Cambridge...

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Rural India buying less of consumer products due to falling income -Viveat Susan Pinto & Shally Seth Mohile

-Business Standard Falling incomes and longer winter to translate into lower demand for at least some months The new financial year is not much cheer to companies which generate a large chunk of sales in rural India. Their chief executives say slowing Economic Growth and falling rural wages are leading to a sharp fall in demand, one that will reflect in the next few quarters. A longer winter season has delayed offtake of...

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Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017

  Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...

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