-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13: About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...
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The low productivity trap of collateralised lending for MSMEs -Harsh Vardhan
-Ideas for India The share of bank credit extended to MSMEs increased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the Credit Guarantee scheme...
More »In Nandurbar, delayed MGNREGA wages trap workers in a vicious cycle of debt and migration -Tabassum Barnagarwala
-Scroll.in A rise in work allocation through the pandemic saw an enthusiastic response. Now, delayed wages and reduced allocation forces workers out of the district again. Bardha Girdhar had to wait more than six months to get Rs 2,976 he had earned for digging trenches in Nandurbar. A farmer who own a patch of land of a little over two acres in the district, Giridhar spends some part of the year growing...
More »MGNREGS hits record with 3.1 crore families seeking work in May. It’s a cry for help from Bharat -Sayantan Bera and Nikhil Rampal
-ThePrint.in From a record-breaking number of households demanding work under the MGNREGS to the stark decline in consumption and FMCG sales — all signs point to a rural livelihood crisis. New Delhi: Consider a job offer where day wages are less than both statutory minimum wages and market wages for unskilled workers. The work may last for about 10 days at a time, and payments may take more than two weeks, at...
More »Serving those who serve: On WHO honour for ASHA workers
-The Hindu Health workers need better remuneration and safety guarantee, not just awards Recognition very often goes to those at the top of the pecking order, and stays there. Credit seldom trickles down to the worker at the bottom. The World Health Organization’s act of recognising India’s ASHA (accredited social health activists) and the polio workers of Afghanistan is an attempt to right that wrong. It is a rare, and commendable doffing...
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