-The Times of India NEW DELHI: The capital, it appears, has become less safe than it was last year. More rape and murder cases have been reported in the first three months of 2018 than in the same period in 2017. One hundred and thirty murders have been committed till March 31 this year against 127 last year and rape has gone up from 467 cases to 487 in the corresponding...
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No hike in MGNREGA wages in 10 states -Shalini Nair
-The Indian Express In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get no hike in their wages for FY 2018-19, according to the revised wage rates issued by the Union government. In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get...
More »Construction sector jobs have let down peasants -Roshan Kishore
-Hindustan Times An examination of RBI data indicates that peasants turning to construction are increasingly at the same income levels as farming, in probably more challenging conditions. Shifting agricultural workers to remunerative non-farm jobs, is India’s central challenge on the employment front. The construction sector has been a mainstay of non-farm jobs over the last two decades. However, these jobs are increasingly losing their remunerative potential. The KLEM (Capital with a K, Labour,...
More »Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
More »NREGA turns its focus on farm ponds -Aswin J Kumar
-The Times of India Thiruvananthapuram: The efforts of district NREGA cell to recreate assets to deal with possible drought situation have produced good results in some of the rural panchayats in the district. Construction of farm ponds which was extensively carried out under employment guarantee scheme has gifted the district with over 2,000 farm ponds in areas where agriculture is the predominant occupation. The move also triggered a shift from the usual...
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