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Farmers' group not impressed with Union Budget 2020-21

-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...

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Civil society presses for an increase in budgetary allocation for MGNREGA in FY 2020-21

-Press release by NREGA Sangharsh Morcha dated 27 January, 2020 As the Indian economy continues to languish, the government ignores the advice given by several noted economists, including that of the most recent Nobel winner Abhijit Banerjee, to improve the functioning of the National Rural Employment Guarantee Act (NREGA). The economy is facing blow after blow. India has the highest rates of unemployment in the past 45 years and food inflation...

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Is MGNREGS the answer to the rural slowdown? -Sneha Alexander & Nikita Kwatra

-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural...

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The broken promise of decent and fair wages -Chandan Kumar & Raghunath Kuchik

-The Hindu The draft rules to the Wages Act, a law expected to provide economic and social justice, will only exploit workers further Amidst the upheaval of debates concerning hate-violence, Article 370 of the Constitution, the temple at Ayodhya, and others, the Central government has finally woken up to examine the backbone of the Indian economy (working people), by proposing the rules to the labour Code on Wages Act 2019. Earlier in...

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Reviving growth: Focus on rural India -Aruna Sharma

-Financial Express If panchayat allocations are merged with MGNREGA to aid asset creation, it can trigger infrastructure growth, resulting in extra income and improved conditions. There is a lot of debate around 5% GDP growth and its impact on the organised sector. Although the government has been taking multiple steps to trigger the economy, there is a need to focus on rural India, in terms of optimising of fund allocations and revision...

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