When noted economist Jean Dreze visited Surguja in Chhattisgarh a decade ago, its utterly non-functional Public Distribution System (PDS) looked like especially “designed to fail.” The National Advisory Committee member has written in a recent article that the ration shop owners illegally sold the grain meant for the poor and “hunger haunted the land.” But that was then. The economist was pleasantly shocked to see the transformation this time. “Ten years...
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Depreciating wages of MGNREGA workers causes concern
The working group on wages, constituted under the auspices of the Central Employment Guarantee Council (CEGC) that governs the functioning of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA), in a report, has expressed concern over what it described as a crisis of the wage policy. The report, which will be taken up for consideration at a CEGC meeting on Friday, points to the depreciating wages of the MGNREGA workers,...
More »Job scheme boosts rural household income 74% by Sandip Das
The employment guarantee scheme has resulted in a big spurt in not only wages but also household income in the rural areas, an analysis of the data since the beginning of the programme in 2006-07 show. While rural wages have risen 38% since 2006-07, household income saw a 74% increase in the four years up to 2009-10. This is despite the fact that just 13% of the 5 crore beneficiary families...
More »NREGA, more or less by Sreelatha Menon
A working group on NREGA asks for indexing wages to the farm wage index, besides reducing work hours. Justice often comes with a price. If workers of the country's only largescale wage employment programme are to be ensured a decent minimum wage for 100 days every year, it is sure to make many others wince. For, low wages mean more production, cheaper stuff, and so on. The supporters of low wages also...
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Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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