-Scroll.in ‘We are still very far from financial inclusion in the full sense of the term,’ the economist says in the foreward to a new report on delays in NREGA payments. Transaction failures in Direct Benefit Transfer payments have been widely discussed in recent times, notably in the context of wage payments under the National Rural Employment Guarantee Act, which guarantees memebers of rural families 100 days of work a year. However,...

-The Hindu Multiple bank visits, repeated rejections and biometric errors mar payment system, says study. For most rural workers dependent on the Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS), their labour does not end at the work site. According to a study by LibTech India released on Wednesday, many of them are forced to make multiple trips to the bank, adding travel costs and income losses, and face repeated rejections of...

-IndiaSpend.com New Delhi: In mid-October, machinist Bipin Ramesh Sahu, 38, was flown back to Surat from his southern Odisha village by his former employer, a textile mill owner. Sahu, among the 6.7 million migrant workers to lose their jobs and return home during the lockdown in India, assumed that his employer’s eagerness to re-employ him meant better living and working conditions in Surat--more humane shifts, safety gear, wage cheques instead of...

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

-Down to Earth The use of synthetic chemicals for agriculture was halted completely in 2005 by the Union territory Lakshadweep, after Sikkim, is on its way to become 100 per cent organic. The Union territory’s agriculture department had submitted a proposal to the Union Ministry of Agriculture and Farmers’ Welfare, seeking to declare its entire 32 square kilometre geographical land area as organic. The proposal was approved October 26, 2020 after receiving required certifications...