-The Indian Express Covid-related crisis offers NDA government opportunity to increase work days, entitlements under the employment guarantee scheme. In a recent article (‘Credit where it isn’t due’, IE, June 10), Union Minister for Rural Development Narendra Singh Tomar described the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) as a “failing scheme” before 2014. MGNREGA under the United Progressive Alliance (UPA) government was by no means perfect, but when the National...

-The Hindu The longer-term decline in the labour participation rate can be attributed to a host of factors The COVID-19 pandemic has disrupted economies across the world and presented policymakers with the unenviable task of sustaining employment amidst lockdowns. However, the academic and political debates in India on unemployment, which is widely attributed to jobless growth amidst stagnation in the agricultural and manufacturing sectors, predate the pandemic. It will be useful to...

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...

-Newsclick.in Weavers in Prime Minister Modi’s constituency, reeling under the triple blow of Demonetisation, GST and lockdown, are on a week-long token protest against hiked electricity bills. Lucknow: To keep his home fires burning, Mohammad Obaid had to sell three handlooms and a wrapping machine that he had bought with his hard-earned money following Demonetisation (November 2016) and the imposition of goods and services tax (GST). Now, the coronavirus pandemic-induced over three...

-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and Demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...