-Press release by Working Peoples' Charter dated 21st September, 2020 Amidst the micro and macro-economic crisis of the last 5 years, the union government has aggressively pushed the agenda of labour law reforms -- purportedly to simplify India’s ‘complex’ labour legislations, improve the business environment, and augment growth and employment. These changes, driven primarily by the business fraternity, have been aimed at improving India’s ranking in the ‘Ease of Doing Business’...
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What GDP numbers didn’t tell -Surajit Das
-TelanganaToday.in Pvt consumption and investment (90% of GDP) have shrunk 35% and revised numbers could present a scarier picture On 31st August, the National Statistical Office (NSO) came out with the provisional estimate of the GDP. According to this, the GDP shrunk by 23.9% during April, May and June as compared with the first quarter of the last financial year (2019-20). Aggregate private final consumption expenditure contracted 26.7% and investment (including gross...
More »Nutrition should not be forgotten in the face of pandemic -Rahat Tasneem
-Centre for Budget and Governance Accountability Despite considerable progress made over the decade, India still carries the burden of undernutrition with 38.4, 21, and 35.8 per cent of children under five facing stunting, wasting, and underweight respectively, more than 50 per cent of children and women being anaemic, and 31.5 per cent of women having less than normal body mass index (BMI). Interventions by the government to combat undernutrition are covered under...
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. Revised Estimate of Rs.71,001.81 crore), the amount set aside for the...
More »Four Ways that MGNREGA Can Be Expanded to Help India's Rural Economy -Mampi Bose and Shantanu De Roy
-TheWire.in While the increased allocation and attention is welcome, it will not be enough to counter the crisis. The current pandemic has led to loss of livelihood of substantial sections of the India population. With the economy, particularly production activities in the big urban centres, having come to a standstill, a process of reverse migration to villages took place. This decline in economic activities is taking place against a background of continuously...
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