Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
More »SEARCH RESULT
Total Matching Records found : 2884
UP cane dues: This time, it’s worse -Piyush Srivastava
-The Telegraph Delay in clearing dues affecting Muzaffarnagar farmers as cultivation is their only source of income Lucknow: Sugarcane farmers in Muzaffarnagar have alleged that the eight sugar mills in the district have been delaying payments totalling Rs 1,300 crore, a perennial problem of late clearance of dues that is this time hurting the cultivators even more because of the economic crisis perpetrated by the pandemic. Preparing to protest while alleging that the...
More »MGNREGA workers demand Rs. 600 as minimum daily wage rate, besides 200 days of employment and strict implementation of locally planned works
-Press release by NREGA Sangharsh Morcha dated June 29th, 2020 Today, workers in over sixty districts across eleven states of the country observed “NREGA Adhikar Diwas” by submitting a memorandum to the Prime Minister to demand an increase in the annual guarantee of work to 200 days per person, revision of the daily wage rate to Rs. 600 and strict implementation of schemes planned by the gram/ward sabha. The widespread disruptions to...
More »Jean Drèze, development economist and social activist, interviewed by Shreehari Paliath (IndiaSpend.com)
-IndiaSpend.com Bengaluru: Global economic output is expected to contract by 4.9% in 2020 owing to the COVID-19 lockdown. India announced a lockdown on March 24, 2020, which was extended over two months, and continues in pockets of states depending on the spread of the disease, which has now infected more than half a million people in the country. The lockdown impacted millions of inter-state migrant workers who form the bulwark of India’s...
More »Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran
-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...
More »
