-The Indian Express Data shows that this is the maximum recorded divergence between the Centre-notified MGNREGA wages and the state-notified minimum wages since 2009, when both were brought on a par for the first time. New Delhi: FOLLOWING THE lowest increase since its inception, wages being paid under the Mahatma Gandhi National Rural Employment Scheme (MGNREGA) have fallen below the minimum wage in 34 of the 35 states and union territories. Data...
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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...
More »YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »'Political parties most distrusted, Army, judiciary win people's trust,' says study
-The Hindu A new survey ahead of elections shows lack of jobs is single biggest worry Ahead of the Lok Sabha elections, a public opinion survey in 12 states has found that political parties are the most distrusted political institutions in India. It also found that one in five of those surveyed felt that unemployment is the single biggest issue facing the country today. The survey, Politics and Society between Elections 2019, found...
More »Drought in Rajasthan: From unemployment to school dropouts, Barmer sees exodus for works as crops fail India -Sandeep Kumar Meel
-Firstpost.com Rajasthan’s relationship with summer is not a pleasant one. The shortage of water in the region only adds to the misery of the people. Even before the onset of summer, over 5,000 villages in nine districts in Rajasthan — Barmer, Churu, Pali, Bikaner, Jaisalmer, Jalore, Jodhpur, Hanumangarh and Nagaur were declared ‘drought-affected’ by the state government. The drought in this area affects the economy of the region as employment options...
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