-The Hindu Devising State-specific industrialisation strategies in coordination with the Centre will improve manufacturing Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their businesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three primary reasons....
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Consumption shock severe, economic recovery will take longer, poorest hit the hardest: RBI -George Mathew
-The Indian Express “Private consumption has lost its discretionary elements across the board, particularly transport services, hospitality, recreation and cultural activities,” the RBI said in its Annual Report for 2019-20. The Reserve Bank of India (RBI) Tuesday indicated that the economy which is expected to contract for the FIRst time ever, will take “quite some time to mend and regain” the pre-Covid momentum, as the “shock to consumption is severe” and the...
More »Migrants back, women’s share in NREGS dips to 8-year low -Harikishan Sharma
-The Indian Express An analysis of data available on the NREGS portal till August 24 shows that the share of women is the lowest since 2013-14 (52.82 per cent), from when the numbers are currently available. AMID THE Covid outbreak, the share of women in total person-days of work generated under the National Rural Employment Guarantee Scheme (NREGS) has dipped to an eight-year low of 52.46 per cent during the FIRst five...
More »MGNREGA average income doubled in April-July -Elizabeth Roche
-Livemint.com The April-July period typically sees 25% greater work execution (in terms of person-days) under the scheme compared with the rest of the fiscal, thereby aiding rural income, the Crisil report said The average income per person per month under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) doubled to ₹1,000 in the FIRst four months of this fiscal from ₹509 in the previous year, ratings and research agency Crisil said...
More »Battling starvation during COVID-19: Struggle for survival intensifies for tribal families in Maharashtra's Palghar -Parth MN
-FIRstpost.com In April 2020, 2,186 children in Palghar fell under the moderate acute malnutrition (MAM) category. In June 2020, that number marginally went up to 2,225. In Jawhar taluka, it increased from 600 to 682 in two months – a rise of 13.6% Suresh Kawa, 31, stops just short of using the word “burden” for his nine-year-old son. No father would do that. “But we toiled to arrange meals for two people earlier,”...
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