-Livemint.com Mint’s rural distress index is below its median value, but it conceals varying distress levels across states Uttar Pradesh chief minister Yogi Adityanath’s announcement of farm loan waiver has given credence to similar demands from across the country. Those making these demands include political parties, protesting farmers and even the judiciary. An earlier Plainfacts column had pointed out how farm loan waivers can be counter-productive in the long run, a fact...
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MGNREGA lesson for universal basic income: Once introduced, there's no going back -Aurodeep Nandi
-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
More »The call for a large safety net -Somesh Jha
-The Hindu Social security cover for all, even informal workers, is an ambitious target for the Centre and stumbling blocks pave its path. The Union government on Thursday proposed an ambitious law to provide social security net to the 47.41 crore-strong workforce of the country. The proposed code on ‘Social Security and Welfare’ intends to make a drastic shift in the social security framework of the country from an employment-based approach to a...
More »What you can do with Re 1 in India -Basant Kumar Mohanty
-The Telegraph New Delhi: The Centre has raised wages under the rural job guarantee scheme - by the princely sum of one rupee a day in many states. The increase is the lowest in the 11-year history of the Mahatma Gandhi National Rural Employment Guarantee Act, and leaves its wage rates in 11 states stuck far below their minimum wages, set by the state governments. The eastern states are the worst hit. As...
More »Proposal for parity between rural job wages, minimum wages put on hold -Elizabeth Roche
-Livemint.com Rural ministry wants same parameters of rate change in MGNREGS as state wages New Delhi: The rural development ministry has put on hold a recommendation by a high-level panel constituted by the previous Congress-led United Progressive Alliance government for parity between the wages paid under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and the minimum wages set by different state governments. Rural development secretary Amarjeet Sinha on Wednesday said the...
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