-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...
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Civil society activists are disappointed with the recent Supreme Court judgement on MGNREGA in Swaraj Abhiyan PIL
-Press release by NREGA Sangharsh Morcha, dated 19 May, 2018 Yesterday’s much awaited Supreme Court judgement in the Swaraj Abhiyan PIL has let down millions of National Rural Employment Guarantee Act (NREGA) workers - the most marginalised citizens of India who need employment and social security. The Court has ignored the wealth of evidence against the brazen violations of the legal entitlements of NREGA workers and has allowed the Central Government...
More »Kerala's new labour policy: minimum wages increased, creches to be established
-TheNewsMinute.com The policy also promises skill development programmes for job aspirants and to open Employability Centres in all districts. From having perks for women to ensuring minimum wages and eliminating child labour, the new labour policy in Kerala has many highlights in it. The Cabinet meeting chaired by Chief Minister Pinarayi Vijayan on Wednesday gave the policy the go-ahead. One of the highlights of the new policy is the creche facility that...
More »A triple blow to job guarantee scheme -Rajendran Narayanan & Madhubala Pothula
-The Hindu A lack of sufficient funds, rampant payment delays and abysmal wage rates are to blame The ?11,000 crore fraud that diamond merchant Nirav Modi is said to have created is a figure that needs to be put in perspective. The total amount of wages pending under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for the whole country (2016-17) was around ?11,000 crore too. This sum is a...
More »Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)
-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...
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