-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...
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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais
-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...
More »Additional allocation for MGNREGA must be supplemented with steps to make it more effective -Rakshita Swamy
-The Indian Express With nearly eight crore migrant workers returning to their villages, and with an additional allocation for the year, this could be a moment for the true revival of MGNREGA. A revival led by workers themselves. The lockdown has resulted in a massive loss of livelihoods, and the 400-million strong unorganised workforce is the worst hit. A significant part of this workforce has migrated to cities from rural areas. With...
More »Centre expands social safety net programme -Elizabeth Roche
-Livemint.com * MGNREGS guarantees 100 days of work in a financial year to a rural household whose adult members volunteer for unskilled manual work * In 2019-20, which was considered a normal monsoon year without rural distress, 2.65 billion person days were created NEW DELHI: The Union government on Sunday injected an extra ₹40,000 crore into the national rural jobs programme, extending a helping hand to millions of rural poor, as well as...
More »Once Derided by Modi, Boost to MGNREGS Shows it's One of Rural India's Few Safety Nets -Kabir Agarwal
-TheWire.in The increased allocation is welcome, but experts say the government should also work to solve pending liability issues and other techno-bureaucratic problems that hold back its effectiveness. New Delhi: On Sunday, while announcing the fifth and final tranche of the Centre’s COVID-19 economic relief package, finance minister Nirmala Sitharaman announced that the government will be allocating an additional Rs 40,000 crore under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). “It...
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