-PTI State govts fear that the new rates would not be able to attract labourers because they are still below the existing minimum wages fixed by the states. The revised MGNREGA wages for the current fiscal announced recently have left various state governments in a quandary as they apprehend the new rates would not be able to attract labourers because they are still below the existing minimum wages fixed by the...
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Inflation higher in poorer states
-The Financial Express This is a double whammy for the poor. Despite a fall in retail inflation to 5.18% in February from a 17-month high of 5.69% in the previous month, most of the lower-income states witnessed higher retail inflation than the richer ones, reports fe Bureau in New Delhi. According to DK Joshi, the chief economist at Crisil, higher-income states like Haryana, Kerala, Uttarakhand, Maharashtra and Gujarat saw lower retail inflation...
More »Ashok Gulati, chair professor for agriculture at ICRIER, interviewed by Jahnavi Sen (The Wire)
-TheWire.in This year’s Union Budget markets itself as a pro-poor and pro-farmer budget. To take a closer and harder look at this, The Wire spoke to Ashok Gulati, chair professor for agriculture at ICRIER. Gulati tells The Wire why this budget is insignificant for reducing farmers’ distress, in spite of all the talk. Edited excerpts from the interview follow: * How much is the actual increase in the total allocation to agriculture...
More »Is the worst over for rural economy? -Mayank Mishra
-Business Standard Four of the 6 large states have seen uptick in rural wages, following equally sharp increase in coverage of the rural employment guarantee scheme After months of stagnation, rural wages have started inching up, albeit marginally. Coinciding with a renewed push to the rural employment guarantee scheme in the second half of 2015, rural wages have shown a marginal uptick since August. It remained nearly flat from December 2014 to...
More »Ramesh Chand, Member, NITI Aayog speaks to Mahendra Kumar Singh & Surojit Gupta
-The Times of India Ramesh Chand has spent over three decades in farm research and teaching agricultural economics and policy. He has now been appointed as a key member of the NITI Aayog to prepare a blueprint for the revival of the agricultural sector. In an interview to TOI, Chand talks about prices, rural distress, role of cutting edge technology and the need for state run institutions in the farm sector....
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