-The Indian Express Mahatma Gandhi National Rural Employment Guarantee Act, 2005, provides unskilled manual work for 100 days to eligible rural households. Facing criticism over rising unemployment and rural distress, the Union government plans to launch a new project under which a stipend of up to Rs 20,000 will be given to Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) labourers who undergo training in skills such as masonry or carpentry. The...
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Give us your SC/ ST numbers: Govt to firms under EPFO -Aanchal Magazine & Sunny Verma
-The Indian Express Through this month, regional provident fund offices have been sending out queries in a specified format to companies seeking “employment data of the proportion of SC & ST employees in total employment”. THE Ministry of Labour and Employment has kicked off a survey that requires establishments contributing to the Employees’ Provident Fund Organisation (EPFO), including from the private sector, to furnish information on the number of SC and...
More »A rural stimulus: On MGNREGA wage hike
-The Hindu Putting more money in the hands of rural households will stir up the economy The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. This opens up the prospect for an upward revision in the wages paid out to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The current national average wage is just about...
More »Government to peg MGNREGA wages to inflation in bid to hike incomes -Priscilla Jebaraj
-The Hindu Stimulus measure to link pay to consumer price index with annual revision. Staring at a slump in rural demand and a slowdown in the rural economy, the Centre plans to inject more money into the UPA’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking wages under the Act to an updated inflation index, which will be revised annually. It hopes this will increase wages, thus increasing...
More »Curious case of Mudra loan failure and disconnect of BJP's election winning machine -Prabhash K Dutta
-IndiaToday.in Total value of Mudra loans stood at Rs 5.57 lakh crore. Total number of employment generated from this amount stood at 1.12 crore. This means every single employment cost the government around Rs 5 lakh under Mudra Yojana. * PM Modi launched Mudra Yojana as a flagship job creation programme in 2015 * Recent reports say only 20 per cent Mudra loans led to fresh employment * Mudra Yojana Survey by Labour Ministry...
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