-Newsclick.in According to CMIE data, the national unemployment rate in April registered a four-month high of 7.97% – with urban and rural joblessness at 9.78% and 7.13% respectively – as against the previous month’s figure of 6.50%. The recent surge in COVID-19 cases has sent the pandemic spiralling anew in the country, with its impact visible not just on the already strained healthcare infrastructure but also on the economic front – particularly...

-The Telegraph The jobs created under the Mahatma Gandhi National rural Employment Guarantee Act (MGNREGA) helped people sustain in Jharkhand during 2020-21 and also expected to do the same even this year. Ranchi: This was revealed in a report on the performances of the job scheme released by an independent organisation, Lib Tech India, late last week. “We have just complied the data as available in the public domain to arrive at the...

-The Telegraph Published by the University of Bonn in Germany, the findings are significant at a time workers have again begun returning home amid a Covid resurgence in India The rural job guarantee scheme and the Garib Kalyan Rojgar Yojana provided work to less than eight per cent of the migrant workers who had returned home after last year’s lockdown, a study has found. It has argued that the highly skilled returned migrants...

-Article-14.com Over 3 years to 2020, as India’s farm crisis deepened, 18 insurance companies running Prime Minister Narendra Modi’s crop-insurance scheme rejected nearly a million claims. As pandemic and pestilence devastated farms, we reveal how the scheme’s complex fine print frustrates farmers and disregards individual loss Hisar, Haryana: As 2020 began, Haryana cotton farmer Ramandeep sensed it would be harsher than the previous years: the winter rains were scanty, withering his crop...

-Livemint.com Localized lockdowns and rising covid cases among collection agents hamper loan recoveries Small finance banks are beginning to feel the heat of localized lockdowns and the advancing pandemic wave, as the virus spreads to India’s small towns and hinterland. However, they are better prepared this time, after last year’s severe setback. “The disease is spreading much faster, especially in smaller towns. rural customers are, however, less impacted. There have been some delays...