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Financial inclusion of MSMEs and its impact on society -Hardika Shah

-The Hindu Business Line Why access to capital for MSME entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social mobility. However, certain sections have lagged...

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Clean swipe for MGNREGS attendance app only in 8 States -Sobhana K. Nair

-The Hindu To ensure transparency, the Union Government had made it mandatory for all State Governments to use the mobile application to record attendance of workers Five months after the Union Government's order making it mandatory to capture attendance of Mahatma Gandhi National Rural employment Guarantee Scheme (MGNREGS) workers through government mobile application-National Mobile Monitoring System (NMMS) at work sites where 20 or more workers are employed, at least three States —...

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Real estate, IT, gig jobs, MNREGA: Making sense of India’s roller-coaster unemployment crisis -Radhika Pandey

-ThePrint.in employment in India rose from 394.6 million in August to 404.2 million in September, and while the numbers are still below pre-Covid levels, the increase is encouraging. India’s unemployment rate dropped sharply to 6.4 per cent in September from 8.3 per cent in August. This was the lowest unemployment rate in the past four years. The fall in unemployment was seen across both rural and urban regions. Alongside the decline in the...

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How well did the women workers fare during the pandemic years? The yearly PLFS reports provide some mixed answers.

Do you want a job that does not pay you at all? The answer will be surely 'no' for most of us. And yet, in our previous analysis, it was found that the proportion of 'helpers in household enterprises' among the total number of workers grew over various rounds of annual PLFS (Periodic Labour Force Survey), from 13.3 percent to 15.9 percent between PLFS 2018-19 and PLFS 2019-20, and then...

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With Demand for MGNREGA Work Increasing in Sept 2022, Activists Warn About Rural Distress -Ronak Chhabra

-Newsclick.in As per the data, the September demand – which was 16.7 million under the household segment and 20.2 million when it comes to individuals – remained higher than the pre-COVID levels, even as the figures for the same month are lower than last year. New Delhi: The marginal increase in demand for work under the Mahatma Gandhi National Rural employment Guarantee Act (MGNREGA) in September points towards a “much greater level...

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