-Down to Earth Delayed wages due to a lack of funds has eroded the confidence of job seekers in MGNREGA; This has driven down demand for work under the scheme this season Delayed wages due to a lack of funds has eroded the confidence of job seekers in the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). This has driven down demand for work under the scheme this season, experts have told...
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Low Incomes Haunt India’s Growth -Subodh Varma
-Newsclick.in Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them. Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be even lower – around 1% - if inflation is taken into account. This slowing down of wage growth has happened in both rural and urban...
More »Joblessness below pre-COVID levels: Finance Ministry
-The Hindu Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering economy is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday. India’s inflation, the Ministry said, is “in control” and expected to moderate...
More »Jharkhand became second state to have Food Security Atlas -Animesh Bisoee
-The Telegraph Objective of SPANDAN initiative is to undertake research understanding linkages between agriculture, nutrition and health in India: Economist Jharkhand became the second state after Bihar and Odisha in eastern India to have Food Security Atlas for its rural areas prepared by Delhi-based Institute for Human Development (IHD) as part of the research initiative of the Indira Gandhi Institute of Development Research (IGIDR), Mumbai. Odisha and Bihar had their Atlas launched in...
More »Monetary policy alone can’t tame inflation: FM -Vikas Dhoot
-The Hindu Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. While monetary policy as...
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