-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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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Promises and Priorities - An Analysis of Union Budget (2019-20) -CBGA
-Centre for Budget and Governance Accountability (CBGA) Centre for Budget and Governance Accountability (CBGA) brings out a draft version of this publication within 24 hours of the presentation of Union Budget in Parliament every year. The objective of this publication is to facilitate an informed discussion on the Union Budget, particularly around social sectors, agriculture, employment and vulnerable sections of the population. 2019 being the general election year, our Parliament witnessed two...
More »Modi govt didn't address jobs crisis in the first term. India's progress depends on it now -Sabina Dewan
-ThePrint.in India needs a National Employment Strategy with ministries made to submit to PMO annual action plans on how they will realise the goals. India’s labour market is ailing, and Prime Minister Narendra Modi’s first term bore the brunt of the debate on the nation’s employment crisis. In the last five years, all efforts to generate a debate on how best to address the crisis have ended up in controversy — be...
More »Safety Net That Works -Shonar Lala
-The Indian Express Before contemplating new rural programmes, government must expand MGNREGA In the run up to the elections, a plethora of redistributive programmes, including farm loan waivers, cash transfers and minimum income guarantees came to the forefront as campaigners sought to balm rural distress. Amongst these is a proposal to launch a revised NREGA 3.0, in which 150 days of employment would be guaranteed to the rural poor. Almost 15...
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