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Budget allocation defeats spirit of rural job scheme, says report -Achintya Ganguly

-The Telegraph NREGA Watch finds low funds, delayed wage payment defeating spirit Ranchi: Frustrating budget allocation, delayed payment of wages and contractors-middlemen-official nexus, among other factors, are defeating the spirit of the rural job scheme under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 in Jharkhand. A report card released on Wednesday by NREGA Watch, an NGO monitoring the scheme in the state, on the occasion of the 16th anniversary of commencement...

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Blissful ignorance -Jayati Ghosh

-The Telegraph The Union budget is an embodiment of unequal fiscal policy The finance minister and her ministry have betrayed, once again, their lack of understanding of the Indian economy or the conditions under which most Indians are living today. Despite attempts to ‘talk up’ the supposed recovery, the economy is weak and most people are hurting. India has seen one of the biggest increases in the number of poor and hungry people...

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A hazy picture on employment in India -Ramesh Chand and Jaspal Singh

-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...

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Union Budget 2022: The Concerns and Numbers Don’t Square Up -Arun Kumar

-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...

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Number Theory: Protests over railway jobs are a grim reminder of the state of India’s job market -Abhishek Jha and Roshan Kishore

-Hindustan Times The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots The protests over problems with recruitment for railway jobs in the states of Bihar and Uttar Pradesh, may well be India’s first large-scale unemployment riots. The protests have taken place across a large number of places in these two states. News reports suggest that at...

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