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...
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Crop of ironies -Madhurika Sankar
-The Hindu Food security and farmer welfare are intertwined It is ironic that it took a devastating pandemic to force the government’s hand for long-overdue agrarian reforms. Amendments have been made to the Essential Commodities Act, 1955. The Finance Minister has urged States to dismantle the Agricultural Produce Market Committees. Several long-term changes have been made to the agricultural sector, such as fair pricing and e-trading, along with liquidity measures. The Centre...
More »Contours of post-Covid economy suggest a new framework of employment -Ashish Kundra
-The Indian Express The current crisis should force a discussion on the levels of social protection which should be available to gig workers including wage protection, health benefits and safety assurance. COVID-19 has induced a domino effect in the global job market. A few days ago, a strange message landed in my LinkedIn inbox: Desperation was written all over the poignant plea for a job opening. Jobless since March, with an aged...
More »A Bill to 'corporatise' farming -Sukhpal Singh
-Frontline.in The draft Bill on land leasing in Punjab is aimed at promoting the interests of agribusiness corporations. It will have devastating consequences for peasants in the State. THERE is no doubt that agricultural land leasing laws in India should be amended to make land leasing lawful and easier. The NITI Aayog Report (2016) proposed, on the grounds of efficiency and equity, a formal model law on leasing (Model Agricultural Land Leasing...
More »We Need to Rethink our Economics to Avoid Future Epidemics -Debanjana Dey & Taposik Banerjee
-Vikalp.ind.in During the late 1950s when villages near the Kyasanur Forest in Karnataka started to become crowded, farmers began to clear the forest to find new land for agriculture as well as for construction of houses and roads. This brought them to close contact with the primates in the forest. When Kyasanur Forest Disease (KFD) outbreak took place among monkeys, the virus did not take much time to jump species and...
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