-Press release by Peoples' Action for Employment Guarantee, dated 29th July, 2020 The present Covid -19 crisis has brought to the fore the importance of MGNREGA in providing employment to rural workers as well as to those urban workers who due to lack of employment opportunities in urban areas were forced to migrate back to their villages. The Central Government is planning to launch an urban employment guarantee (UEG) programme at...
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Foodgrain stocks fall marginally despite PMGKAY -Harish Damodaran
-The Indian Express For July 1, the normative minimum stocks to run the targeted public distribution system (TPDS) and other welfare schemes, plus maintain a strategic reserve over and above that, are 27.58 mt of wheat and 13.54 mt of rice. Despite efforts at disposing of surplus foodgrains – including by distributing these free under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and a special scheme for migrant labourers returning to...
More »Need new stimulus of Rs.10 lakh crore: Economists Collective
-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...
More »COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais
-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...
More »Centre hikes support prices of kharif crops -Sayantan Bera
-Livemint.com * But the marginal increase is unlikely to cheer farmers hit by falling prices * The increase in MSP ensures that farmers will receive a price between 50% to 83% over their production costs, agriculture minister Narendra Singh Tomar says NEW DELHI: The central government on Monday announced minimum support prices (MSPs) of 14 kharif crops, planting for which will begin shortly with the progress of the annual monsoon. MSPs of major rain-fed...
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