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Just 1 in 5 Mudra beneficiaries started new business, half of extra jobs were self-employment: Govt survey -Aanchal Magazine

-The Indian Express The Mudra Yojana was launched in April 2015 to provide funding to the non-corporate small business sector through various financial institutions like banks, NBFCs and Micro Finance Institutions (MFIs). The government’s constant refrain has been that its flagship Mudra scheme is an engine for entrepreneurship and employment. A survey by the Labour Ministry, yet to be made public, offers a reality check: just one out of five beneficiaries...

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The problem of skilling India -Christophe Jaffrelot & Vihang Jumle

-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...

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The RTI journey: From rural to digital -Shriya Mohan

-The Hindu Business Line How a cluster of villages in Rajasthan embraced transparency, spurred a nationwide movement and inspired the birth of a digital portal to counter the dilution of the RTI The walls were painted a bright yellow. Drawn on them in black were statements of income and expenditure, breaking down figures in meticulous detail with rows and columns stretching across two and sometimes three floors. The paintings weren’t just on...

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Six reasons why the Economic Survey's presentation of MGNREGA is misleading -Rajendran Narayanan & Rakshita Swamy

-The Hindu The Economic Survey presents an unbalanced view of the technical interventions in MGNREGA A chapter in the recent Economic Survey on the “transformational” impact of Aadhaar on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) merits scrutiny. It presents a skewed and unbalanced view of the programme’s technical interventions instead of taking a comprehensive view of the implementation. The Survey draws heavily from the Indian School of Business’s working...

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Minimum wage law to skirt rural job scheme under MGNREGA

-The Telegraph The Code on Wages Bill would have no implications for the rural job guarantee scheme New Delhi: The minimum wage to be stipulated under a proposed central law will not apply to unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Act, the government said on Wednesday. Labour minister Santosh Gangwar and rural development minister Narendra Singh Tomar said the Code on Wages Bill would have no implications for the...

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