-The Telegraph 32.6% of the 18.1 million jobs in the country were lost in four months India witnessed the erosion of nearly a third of its white-collar jobs between May and August, with professionals like software engineers, teachers, accountants and analysts taking the biggest hit, a survey by a data agency has shown. The Centre for Monitoring Indian Economy has found that 5.9 million (32.6 per cent) of the 18.1 million white-collar jobs...
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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 »Of UP govt’s 1.25 crore jobs, over 1 crore went to MGNREGA and MSME sectors -Maulshree Seth
-The Indian Express Nearly 5 lakh workers have been given employment under self-help groups (SHGs), which includes a large number of women workers. Lucknow: Of the 1.25 crore jobs allocated by the Uttar Pradesh government in a single day under different schemes and programmes, approximately 60 lakh jobs have been provided under the Rural Development Panchayati Raj Department, majority of which are under MGNREGA, and another nearly 50 lakh in MSME units...
More »How China Reduced the Urban-Rural Economic Chasm – and How India Can Do it Too -Mahesh Uniyal
-TheWire.in Unlike China which supported productivity-enhancing R&D investments, India’s focus has been on politically-driven subsidies that mainly benefit large farmers. We saw the trailer two years ago. TV news visuals of the plight of thousands of rural poor marching to Mumbai shocked the relatively affluent residents of India’s financial capital. The March 2018 Maharashtra farmers’ march and now the nationwide COVID-19 lockdown-triggered migrant exodus has exposed the stark duality of India – an...
More »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...
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