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Hollowing out a promise -Jean Dreze

-The Indian Express NREGA is a demand-driven programme and if the demand vanishes because wages are low and uncertain, nothing will be able to save it. The National Rural Employment Guarantee Act (NREGA) is going through a deep crisis of delayed and failed wage payments. The problem is not new, but it is more serious than ever and threatens to undermine the entire programme. The crisis has at least four manifestations: Delayed payments,...

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When perception is reality -Sameera Khan

-The Hindu On India being labelled the most unsafe country in the world for women Is India merely dangerous for women or is it the most dangerous place for women? Is measuring that on the basis of people’s perception of danger and fear any less significant than on the basis of recorded statistics? In light of India’s labelling as the ‘world’s most dangerous country for women’ in a recent global poll conducted by...

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The food economy: A Catch-22 for policymakers

-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...

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Real rural wage growth back in negative territory

-Livemint.com Rural workers’ real wage rate growth was very high in 2014, but has fallen dramatically since then Rural wage growth for men for both agricultural and non-agricultural occupations (simple average) was 3.53% in March from a year ago. But consumer price inflation for Rural India was 4.44% in March. That means the real rural wage growth, or wage growth after taking inflation into account, was negative during the month. In other...

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The paradox of job growth -R Nagaraj

-The Hindu Besides the missing informal sector, over-estimation of output growth also offers clues Are the latest employment estimates by the Central Statistics Office (CSO) factually correct? No. They are off the mark, and confined to the economy’s organised or formal sector, accounting at best for 15% of the workforce. Is there a paradox in high output growth rates and the marginal effect on employment? Probably not, if one acknowledges that GDP...

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