-Press release from NREGA Sangharsh Morcha The Public Interest Litigation (PIL) filed by Swaraj Abhiyan in the Supreme Court on the severe drought conditions in the country had drawn the attention of the Court to the inadequate effort of the Central and state governments in implementing the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), amongst other welfare programmes. In its last judgment on issues of MGNREGA workers on 13 May...
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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran
-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...
More »A damaging and mindless act -Prabhat Patnaik
-The Hindu Business Line It was a gratuitous and direct assault on the informal sector by the state The retrospective defence being provided by the Government for its act of suddenly demonetising 86 per cent of the country’s currency is as mindless as the act itself. The main argument for demonetisation that was advanced a year ago was that ‘black money’-holders would not dare to bring their demonetised currency to the banks;...
More »Cash still king as digital payments inch up slowly -Rachel Chitra
-The Times of India CHENNAI: If demonetisation was a push for a cashless economy, it has been working very slowly. Reserve Bank of India data shows the usage of wallets, non-UPI banking apps and Aadhaar-enabled payments has been slow to catch on, while that of debit cards has fallen. The UPI payments have been growing, and a significant chunk of them are mobile-based. Overall, electronic payments stood at Rs 200 trillion in...
More »Improve nutritional content of school meals to tackle stunting - Soumya Swaminathan and SV Subramanian
-Hindustan Times As per the latest National Nutrition Monitoring Bureau, which has been collecting data on diet and nutritional status of rural, tribal and urban populations for almost four decades, the calorie intake of children (1-3 years) in rural areas was only about 70% of their requirement due to shortage. In India, more than 4.8 crore children suffer from stunting, which means they are below the normal height range for their...
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