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Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha

-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

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What will be India’s GDP in 2022-’23? The government and RBI have given three answers in 11 days -Rajrishi Singhal

-Scroll.in/ Qz.com While the economic survey and Budget estimate the growth in the coming fiscal year to be 8%-8.5% and 6.6% respectively, RBI forecasts it to be 7.8%. Indians have enjoyed an ever-expanding array of choices for consumer goods over the past couple of decades. In this season of cheer and goodwill, they now have the pleasure of even selecting a version of India’s growth perspectives, depending on the risks playing out. Three...

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The many layers of our unemployment problem -Himanshu

-Livemint.com We need long-term solutions as we also have plenty of joblessness that is disguised as employment Last month witnessed protests in several parts of north India by students who had appeared for the Non-Technical Popular Categories exam conducted by the Railway Recruitment Board. This was to fill up 35,000 posts for which 12.5 million candidates had applied. While the RRB’s decision to set up a committee to examine the issue may...

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The Empty Promise of Social Security to Gig Workers -

-Leaflet.in/ Newsclick.in In light of the recent PIL filed before the Supreme Court demanding social security for gig/platform workers, it is critical to pay attention to how the recent labor codes, which are paraded as being progressive, are a mere lip service to social security, including for gig/platform workers, writes Namrata. In September last year, the Indian Federation of App Based Transport Workers [IFAT], a workers’ organisation consisting largely of gig transport...

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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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