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Delayed Audit Reports, Lower Output Marked Last Two Years of CAG’s Functioning -Himanshu Upadhyaya

-TheWire.in As the tenure of the current CAG of India comes to an end in August, just how impactful has the national auditor been in recent times? When Parliament’s budget session for the year 2020 started on January 30, political and economic observers hoped to see tabling of the Comptroller and Auditor General (CAG) of India’s Audit Report on Union Government (Finance Accounts). However, these hopes were dashed when on the third day,...

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Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?

Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...

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Garib Kalyan Rojgar Abhiyaan: A travesty on migrant workers -Vikram

-Down to Earth Its primary aim is to woo voters in Bihar where elections will take place later this year While the whole country is fighting against the novel coronavirus disease (COVID-19), the priority of the Bharatiya Janata Party (BJP) is to manage Rajya Sabha elections and campaign for the Bihar state assembly elections. The launch of ‘Garib Kalyan Rojgar Abhiyaan’ by Prime Minister Narendra Modi on June 20, 2020, is nothing but...

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Urjit Patel is back -- as chief of key economic think tank

-The Indian Express Patel replaces former bureaucrat Vijay Kelkar, who chaired NIPFP for almost six years. He is scheduled to join June 22 and will have a four-year tenure, NIPFP said in a statement. Almost 18 months after his fractious and early exit as Reserve Bank of India Governor, Urjit Patel was Friday appointed chairman of the National Institute of Public Finance and Policy (NIPFP), India’s premier economic think tank. Patel replaces former...

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How To Enable MSMEs To Recover From The Lockdown -Shreehari Paliath

-IndiaSpend.com Bengaluru: In the aftermath of the COVID-19 epidemic and two months of stringent lockdown, India now faces the crises of unemployment and business closure, particularly in the micro, small and medium enterprise (MSMEs) sector. A new report by the Council on Energy, Environment and Water (CEEW) and the National Institute of Public Finance and Policy (NIPFP) has proposed that MSME recovery can be speeded along by: * Identifying micro, small and...

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