Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty. No doubt, this pertains to skilled labour. But when 15 per cent of Indian trucks are idle owing to a shortage of drivers or India Inc is worried...
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Redistribution is not inclusion growth by Arvind Panagriya
Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful employment and, thus, making them true participants and partners in the growth process. But in India, we...
More »Centre May Match NREGA Payouts With Minimum Wages in States by Devika Banerji
The Centre is likely to raise remuneration under its rural job guarantee scheme and align it with the notified minimum wages of states following a court order last month. Millions of workers enrolled under the government’s Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are entitled . 100 a day for a minimum of 100 days of work in a year. Despite the wage now being linked to the consumer price...
More »Minimum wages likely for MGNREGA workers by K Balchand
The Centre is likely to pay minimum wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in compliance with the recent Karnataka High Court ruling upholding the supremacy of the Minimum Wages Act (MWA) over the MGNREGA. Union Minister of Rural Development Jairam Ramesh has taken a decision favouring payment of minimum wages for agricultural workers as notified by the States as MGNREGA wages. He told The...
More »Rural Development ministry proposes to spend Rs 2 lakh crore on rural roads, skills training by Gunjan Pradhan Sinha
The rural development ministry has drawn out a plan to spend as much as Rs 2 lakh crore on two of its major schemes — Pradhan Mantri Gram Sadak Yojana (PMGSY) and the Swarna Jayanti Gramin Swarozgar Yojana (SGSY). The ministry, however, has left it to the government and the plan panel to decide the timeline over which these funds should be spent. The plan panel has indicated that it wants...
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