-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...
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Civil society demands for increase in budgetary allocation under MGNREGA to clear pending wages
-Press release by NREGA Sangharsh Morcha dated 31st January, 2020 Rural distress has risen to alarming levels. As per the Periodic Labour Force Survey (PLFS) of 2017-18, rural unemployment stands at 8 percent (statement 30 in Section 3.7, PLFS). In conjunction with skyrocketing food inflation levels, this is a serious concern. The situation is much worse for the landless depending on casual manual labour who constitute more than half the rural...
More »Is MGNREGS the answer to the rural slowdown? -Sneha Alexander & Nikita Kwatra
-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural...
More »The flawed spin to India's cotton story -Imran Siddiqi
-The Hindu The country’s hybrid seed model for cotton favours seed companies over farmers Genetically Modified (GM) pest resistant Bt cotton hybrids have captured the Indian market since their introduction in 2002. These now cover over 95% of the area under cotton, with the seeds produced entirely by the private sector. India’s cotton production in 2019 is projected as the highest ever: 354 lakh bales. Bt cotton’s role in increasing India’s cotton...
More »Budget 2020 | Economic revival has agriculture as a good starting point -Siraj Hussain
-Moneycontrol.com Since the general elections, the agriculture sector has taken a back seat as the economy has itself touched new lows Since public memory is short, there is every likelihood that food inflation of 14.12 per cent in December 2019 will obfuscate the last four year’s history of low prices of food items. Vocal sections of urban India would do well to remember that in January 2017, May to August 2017 and...
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