-The Indian Express Covid effect: 28.32% jump over last year, UP tops with 173% rise in new cards IN a clear sign that MGNREGA has emerged as a safety net for lakhs amid the economic distress triggered by Covid-19, over 83 lakh new households have been issued job cards under the scheme during the first five months of the current financial year. Signficantly, this number — from April 1 to September 3—...
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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »India’s GDP growth contracts 23.9%: What is the economics behind the math? -Udit Misra and Nushaiba Iqbal
-The Indian Express India GDP Q1 Data: Demand from individual citizens and private businesses plummeted in Q1, increase in government’s demand made up for just 6% of this fall Although most people expected India’s GDP to show substantial contraction when the Ministry of Statistics and Programme Implementation (MoSPI) released the data for the first quarter (April, May, June) of the current financial year on Monday, the broad consensus was that the decline...
More »Migrants back, women’s share in NREGS dips to 8-year low -Harikishan Sharma
-The Indian Express An analysis of data available on the NREGS portal till August 24 shows that the share of women is the lowest since 2013-14 (52.82 per cent), from when the numbers are currently available. AMID THE Covid outbreak, the share of women in total person-days of work generated under the National Rural Employment Guarantee Scheme (NREGS) has dipped to an eight-year low of 52.46 per cent during the first five...
More »Post-Lockdown, Workers Demand More Work, Better Wages Under Rural Jobs Scheme -Rajat Kumar
-Hindustan Times Dungarpur: India’s rural employment guarantee scheme is falling short in helping residents tide over the economic distress caused by the COVID-19 outbreak and the subsequent lockdown restrictions, data from Rajasthan suggest. Nearly 43% households who took up work under the scheme in Dungarpur, a largely tribal district in southern Rajasthan, had completed more than 50 of their 100 days of work in the first four months of the current financial...
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