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Govt. Squeezes Spending, Even Though Tax Collections Have Increased -Subodh Varma

-Newsclick.in Modi government has restrained spending of various ministries including education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...

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In charts: As MGNREGS funds fall short, unpaid wages are piling up -Nushaiba Iqbal

-Scroll.in/ IndiaSpend.com Across India, more than Rs 2,850 crore in wages are pending approval from the Centre for work done between April and September. India’s flagship Mahatma Gandhi National Rural Employment Guarantee Scheme provided more days of work in 2020-’21 than in any year since the programme began in 2008. But states are falling short of funds to pay workers. In three charts, we take a quick look at the current status of...

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Well-functioning crop insurance crucial for reducing farmer’s vulnerability -Natasha D'cruze, Priyadarshini Ganesan, Natasha Dcruze and Priyadarshini Ganesan

-The Hindu Business Line It is an important tool for agrarian families to manage and mitigate their risks Agriculture plays a pivotal role in the Indian economy, especially in rural areas. According to the recently-released Situational Assessment and Land Holdings of Agricultural Households in Rural India Report (SAS, 2019) by the National Statistics Office, 54 per cent of rural households are agricultural, earning 37 per cent of their household income from farming.  This sector, however, is also subject to a...

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Drying up of MGNREGA allocation will shrink the Rural Economy further -Dibyendu Chaudhuri and Parijat Ghosh

-Down to Earth The focus of MGNREGA has, over time, shifted from employment creation to asset creation  The funds allocated in the Union budget 2021-22 for implementing schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) were exhausted within the first half of this financial year. The budgetary provision for 2021-22 was Rs 73,000 crore, of which Rs 79,810 crore has been spent. Many workers didn’t get paid; it may take...

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NREGA Tracker: Nearly 90 per cent of the allocated NREGA budget for 2021-22 has been used up, with 5 months of the programme still remaining

-GaonConnection.com The half-yearly MG-NREGA National tracker launched by PAEG today highlighted that 90 per cent of the allocated budget has been used up with 5 months of the programme still remaining and the remaining funds available can cover at most 13 days of employment per household till March 31, 2022. More details here. In her opening statement at the joint press conference conducted by Peoples’ Action for Employment Guarantee (PAEG) and LibTech...

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