-IndiaSpend.com New Delhi: With the launch of the Rajiv Gandhi Kisan Nyay Yojana (RGKNY) on May 21, 2020, Chhattisgarh became the sixth Indian state in two years to initiate a direct cash transfer scheme for farmers. The scheme aims to supplement the income of the state’s 1.9 million farmers by Rs 10,000-Rs 13,000 per acre of land owned. Cash transfers for COVID-19 relief and stimulus are also gaining salience, with the Centre...
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It’s raining jobs in rural India as farm economy opens up -Prashant K. Nanda
-Livemint.com * Increased government spending on the rural jobs programme has also aided returnee migrants * The urban job loss rate fell nearly 2 percentage points to 11.19% in the week ended 21 June over the previous week The timely arrival of the monsoon has given a much-needed boost to rural employment, absorbing thousands of migrant workers who have returned to their rural homes in seasonal farm jobs. The rural unemployment rate continued to...
More »Boiling Siberia shows temperature swings may be increasing: Experts -Akshit Sangomla
-Down to Earth The warming of the Arctic, as seen by the Siberian heatwave, may also impact western disturbances in India Verkhoyansk, a town in Siberia, has recorded the highest temperature in the Arctic circle in the last 140 years at 38 degree celsius. This is around 18°C higher than the normal temperature for this time of the year for the place. Even though the town is in the Guinness book of world...
More »Will Bihar's Economy Rise to the Reverse Migration Challenge? -Santosh Mehrotra and Baikunth Roy
-TheWire.in Even if up to half of the returned migrants leave the state again, the question of how the rest will find gainful employment is both a political and economic issue. One way of looking at India’s lockdown’s strategy was that it came too early, was the strictest of any country, and is now being done away with at a juncture when cases have not even peaked. The worst is still to...
More »Two joblessness narratives in India from two large-scale surveys -Sriharsha Devulapalli and Pramit Bhattacharya
-Livemint.com A Mint analysis suggests that the CMIE figures should not be considered a proxy for the official unemployment and labour force participation rates As the country went under lockdown, and everything, including the collection of statistics, came to a halt, analysts and economists were left scrambling for data to seize up just how badly the economy was doing. One dataset that has come to the rescue is the nationally representative employment-unemployment...
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