-Press statement by NREGA Sangharsh Morcha dated 17th November, 2021 The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has provided a cushion to millions of rural households amidst great economic distress during the COVID-19 pandemic. A substantial portion of the household expenditure in rural areas has been met through the NREGA wages and the nation has witnessed a significant rise in the demand for work under the programme since the...
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US Hindu Group Accused Of "Exploiting Labourers Lured From India": Report
-PTI/ NDTV.com According to a report, workers were being paid USD 1.2 per hour, well below the current US federal minimum wage of USD 7.25 per hour, and below even the minimum wage going as far back as 1963. New York: A prominent Hindu organisation is facing new allegations in an updated lawsuit that it lured labourers from India and forced hundreds of workers to work for low wages at its temple...
More »The long road to timely MGNREGA payments -Rajendran Narayanan and Anuradha De
-The Hindu There remain delays in the stage where the Central government transfers wages to the workers’ accounts There is a famous parable of the 13th-century mystic Mullah Nasruddin. He was once spotted under a street light searching frantically for a key that he had lost. A passer-by noticed the frazzled Nasruddin and stopped to help him. After both of them spent a long time searching for the key, the exasperated passer-by...
More »5 reasons why cash is back in the economy after 5 years of demonetisation -Anand Adhikari
-BusinessToday.in Two years prior to demonetisation, the currency, as well as the nominal growth in the economy, was in the range of 10-12 per cent. But in the last two years, currency in circulation has grown by 14-16 per cent whereas the nominal GDP growth has been lower. Five years after demonetisation, the cash in the system is back at a much higher level. The government had demonetised the high-value notes of...
More »How India’s informal economy is shrinking, and why that’s good news in the long term -Ila Patnaik and Radhika Pandey
-ThePrint.in Greater formalisation will see a shift from low-paying, labour-intensive jobs in informal sector to more productive, formal-sector jobs. This could lead to disruption in short term. A report issued by the State Bank of India (SBI) last month estimated that India’s informal economy has shrunk to 15-20 percent of the GDP in 2020-21 from 52 percent in 2017-18. The report uses employment and digitisation to assess the extent of formalization in...
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