-The Hindu The Compensatory Afforestation Fund is a deeply flawed and unjust mechanism Last month, Minister of State for Environment, Forests and Climate Change Mahesh Sharma informed Parliament that his Ministry has collected over ?50,000 crore in a Central compensatory afforestation fund (CAF). This money is to be used though the Compensatory Afforestation Fund (CAF) Act, 2016 or CAF, a purported mechanism to offset forest loss. Before issuing forest clearances to a...
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How the data sets stack up -C Rangarajan & S Mahendra Dev
-The Hindu Why measuring inequality is not the same as measuring changes in the level of poverty in India In recent years, there has been a lot of discussion on increasing inequality within several countries of the world, including India, particularly after the publication of Thomas Piketty’s book on inequality. It is true that rising inequality has adverse economic and social consequences. The Gini coefficient or other measures of inequality are being...
More »Formal employment rises but less no. of regular jobs created in 2nd quarter of '17-18
The increase in organized sector employment (i.e. in establishments employing 10 or more workers) in the second quarter was much higher as compared to that in the first quarter of 2017-18. The seventh round of the Quarterly Report on Employment Scenario in selected sectors (as on 1st October, 2017), which was released in March this year, confirms this. The Labour Bureau’s latest report says that during the period 1st April to...
More »Record government expenditure on MGNREGS underlines rural distress -Elizabeth Roche and Sayantan Bera
-Livemint.com The government expenditure on MGNREGS in 2017-18 was nearly Rs. 25,000 crore more than what was spent in 2013-14 New Delhi: The national rural employment guarantee scheme saw a record expenditure of Rs63,887 crore in 2017-18, the highest since it was launched 12 years ago, showed data provided by the government on Monday. However, high demand for work from rural households in a normal monsoon year (2017) also suggests acute rural distress,...
More »No hike in MGNREGA wages in 10 states -Shalini Nair
-The Indian Express In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get no hike in their wages for FY 2018-19, according to the revised wage rates issued by the Union government. In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get...
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