-Livemint.com Data from the latest KLEMS India database shows that Employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, Employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...
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Record government expenditure on MGNREGS underlines rural distress -Elizabeth Roche and Sayantan Bera
-Livemint.com The government expenditure on MGNREGS in 2017-18 was nearly Rs. 25,000 crore more than what was spent in 2013-14 New Delhi: The national rural Employment guarantee scheme saw a record expenditure of Rs63,887 crore in 2017-18, the highest since it was launched 12 years ago, showed data provided by the government on Monday. However, high demand for work from rural households in a normal monsoon year (2017) also suggests acute rural distress,...
More »Is higher economic growth eating up jobs in India? -Roshan Kishore
-Hindustan Times Non-farm jobs was positive despite negative jobs growth in 2014-15 and 2015-16 The KLEM database released by RBI on 27 March, 2018 gives Employment statistics for the Indian economy till 2015-16. It shows that total Employment shrank by 0.2% and 0.1% in India in 2014-15 and 2015-16. These statistics raise disturbing questions. India’s Gross Value Added (GVA) growth increased continuously between 2012-13 and 2015-16. Why did Employment growth go into negative...
More »No hike in MGNREGA wages in 10 states -Shalini Nair
-The Indian Express In the worst wage revision in the history of the rural Employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get no hike in their wages for FY 2018-19, according to the revised wage rates issued by the Union government. In the worst wage revision in the history of the rural Employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get...
More »Govt botched up NREGA: CAG
-OrissaPost.com Bhubaneswar: The state government lost its direction on execution of the biggest rural Employment generation scheme–Mahatma Gandhi National Rural Employment Guarantee Act (NREGA). This was indicated in a Comptroller and Auditor General of India (CAG) report on local bodies for the year ended March 2017. Briefing media about the findings of the audit report, Accountant General of Orissa Madhumita Basu said, “The per annum average income of the households (HHs) in...
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