In the 1990s, Ahmed Khan’s company in Bangalore, India, churned out hundreds of thousands of plastic bags and other packaging material each month that eventually ended up as garbage. Now, he is in the business of scouring the city’s landfills and trash cans to reclaim some of that waste and pave the way to a more environmentally friendly enterprise. Mr. Khan, 60, is trying to solve two of the biggest...
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Multiplier accelerator synergy in NREGA
The concepts of multiplier and accelerator borrowed from macroeconomic theory illuminate the enormous potential of NREGA and help set standards that it must be judged by. Over the last few months, just as the economy entered its current recessionary phase, the mainstream media, which till then had been uniformly unswerving in their antipathy to NREGA (National Rural Employment Guarantee Act), suddenly began to sing its praises. In all the gloom...
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KEY TRENDS • The new Cohort-based Migration Metric (CMM) shows that inter-state labor mobility averaged 5-6.5 million people between 2001 and 2011, yielding an inter-state migrant population of about 60 million and an inter-district migration as high as 80 million @* • The first-ever estimates of internal work-related migration using railways data for the period 2011-2016 indicate an annual average flow of close to 9 million migrant people between the states. Both these estimates are significantly greater than the...
More »Union Budget And Other Economic Policies
**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
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KEY TRENDS • According to NSS 76th Round, the major source of drinking water of the household was hand pump in the rural areas and piped water into dwelling in the urban areas. About 42.9 percent of the households in the rural areas used hand pump as the principal source of drinking water and about 40.9 percent of the households in the urban areas used piped water into dwelling as the principal...
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