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MNREGA labour budget cut by 220 million person-days -Nitin Sethi

-Business Standard 2,170 million person-days planned for FY17, compared with 2,391 million person-days last year At a time when nearly half of India's 676 districts are grappling with a second consecutive year of drought, the government expects a decline in the demand for work under the flagship Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in 2016-17. The estimated number of days when people in rural India will be offered work under MGNREGS...

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Indian agriculture yet to catch up with neighbours on public spending, indicates IFPRI report

Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...

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MGNREGA will not suffer due to arrears of last fiscal, clarifies government

-The Times of India NEW DELHI: The government has rubbished media reports that performance of Mahatma Gandhi National Rural Employment Guarantee programme in the current fiscal year will suffer due to arrears of wages of over Rs 8000 crore in 2015-16. Stating that certain facts in the reports have been highlighted without appreciating the larger picture, the government has clarified that is committed to ensure flow of adequate resources to the programme...

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No jobs in sight: There is a mounting employment crisis in India -Harsh Mander

-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...

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Rains may break 2-yr El Nino jinx

-Business Standard After a hotter than usual summer, a better monsoon would boost agriculture, Rural Demand Reserve Bank of India Governor Raghuram Rajan's hopes of a normal monsoon this year - after two back-to-back droughts - to boost Rural Demand could be fulfilled. Though the summer is expected to be hotter than usual, global and domestic forecasts point to good rains this year. Officials of both the weather department and private forecasters said the...

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