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11,379 farmers committed suicide in 2016; Modi govt finally releases data

-BusinessToday.in As per the data in the NCRB report, the number of farmer suicides in the country has plunged to 11,379 in 2016 from 12,360 in 2014 and 12,602 in 2015 The National Crime Records Bureau (NCRB) Friday said that 11,379 farmers committed suicide in India in 2016. The NCRB in its latest Accidental Death and Suicide report for 2016 says that there were 948 farmer suicides every month, or 31 suicides...

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NCRB data on farmers' suicides is out with key omission -- reasons -Deeptiman Tiwary

-The Indian Express The data shows that Maharashtra accounted for almost 40 per cent of all farmer suicides in the country in 2016. Karnataka (1,212) was second on the list but still recorded 50 per cent less farmers’ suicides than Maharashtra. After withholding data on incidents of lynchings, the National Crime Records Bureau (NCRB) has released figures on farmers’ suicides but with a key element from the previous edition missing this...

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A rural stimulus: On MGNREGA wage hike

-The Hindu Putting more money in the hands of rural households will stir up the economy The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. This opens up the prospect for an upward revision in the wages paid out to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The current national average wage is just about...

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Government to peg MGNREGA wages to inflation in bid to hike incomes -Priscilla Jebaraj

-The Hindu Stimulus measure to link pay to consumer price index with annual revision. Staring at a slump in rural demand and a slowdown in the rural economy, the Centre plans to inject more money into the UPA’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking wages under the Act to an updated inflation index, which will be revised annually. It hopes this will increase wages, thus increasing...

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Just 1 in 5 Mudra beneficiaries started new business, half of extra jobs were self-employment: Govt survey -Aanchal Magazine

-The Indian Express The Mudra Yojana was launched in April 2015 to provide funding to the non-corporate small business sector through various financial institutions like banks, NBFCs and Micro Finance Institutions (MFIs). The government’s constant refrain has been that its flagship Mudra scheme is an engine for entrepreneurship and employment. A survey by the Labour Ministry, yet to be made public, offers a reality check: just one out of five beneficiaries...

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