-The Indian Express Substantial number of interest subvention scheme loans are diverted to non-agricultural uses. Government must switch to an income-support subsidy regime The Union budget for 2016-17 has provisioned Rs 15,000 crore on account of interest subvention for short-term agricultural credit, up by Rs 2,000 crore over the revised estimate for FY16. The mere shifting of this line item from the department of financial services to the department of agriculture...
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Cash transfers: Lost in transactions -Aarushi Kalra
-The Tribune The Centre for Equity Studies, Delhi, conducted a survey to gauge the impact of the switch to cash transfers on the consumption patterns of the poor in Chandigarh. The preference for kind vis-a-vis cash transfers was recorded. Importantly, public opinion found no place in the decision- making process. Feroza Begum had to make a choice between food security and her children's education. Allow me to rephrase it: Feroza Begum had...
More »Labour Ministry plans Rs.10,000 minimum monthly wage for contract workers -Somesh Jha
-The Hindu Of the 3.6 crore contract workers about 32 % are employed by contractors in the public sector. The Labour Ministry has proposed a minimum monthly income of Rs.10,000 for contract workers, evoking strong reactions from the industry. The move will drastically increase the minimum wages of contract labourers from around Rs.6,000 per month that is paid to them in a few sectors at present. According to the plan the employers will...
More »No jobs in sight: There is a mounting employment crisis in India -Harsh Mander
-The Indian Express There is a mounting employment crisis in India. The current growth model, built on large private investments, cannot address the problem. Union Minister Ram Vilas Paswan raised many hackles with his demand for affirmative action or job reservations for Scheduled Caste and Scheduled Tribe candidates in the private sector. He suggested that “providing quota in private jobs will help cool down anger among SC and STs”, thereby stemming...
More »MGNREGA will not suffer due to arrears of last fiscal, clarifies government
-The Times of India NEW DELHI: The government has rubbished media reports that performance of Mahatma Gandhi National Rural Employment Guarantee programme in the current fiscal year will suffer due to arrears of wages of over Rs 8000 crore in 2015-16. Stating that certain facts in the reports have been highlighted without appreciating the larger picture, the government has clarified that is committed to ensure flow of adequate resources to the programme...
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