-The Hindu The top 1% of earners captured less than 21% of total income in the late 1930s, before dropping to 6% in the early 1980s and rising to 22% today, says renowned economist Lucas Chancel According to a research paper by renowned economists Thomas Piketty and Lucas Chancel, income inequality in India is at its highest level since 1922, the year the Income Tax Act was passed. In December, they will...
More »SEARCH RESULT
Total Matching Records found : 643
Central panel says states do not need to hike NREG pay to match minimum wage -Shalini Nair
-The Indian Express A report, prepared by a Ministry of Rural Development (MoRD) committee states that wages under the rural employment guarantee scheme were last aligned to minimum wages in 2009, and that “there is no compelling reason to align MGNREGA and states minimum wages again”. New Delhi: THE PANEL for revision of wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has recommended in its final report that there...
More »Why 'one nation, one MSP' is not working -Rajalakshmi Nirmal
-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
More »MGNREGA wages less than minimum farm wages in 15 states: Panel -Shalini Nair
-The Indian Express As per data being examined by the committee, the minimum wages paid to agricultural workers are significantly higher than MGNREGA wages in Karnataka, Punjab, Jharkhand, Uttarakhand, West Bengal, Mizoram, and Andaman and the Nicobar Islands. THE COMMITTEE for revision of wages paid under the Mahatma Gandhi National Rural Employment Generation Act (MGNREGA) has found that minimum agricultural wages are higher than MGNREGA wages in 15 states. An upward revision...
More »Niti Aayog vindicates UPA's claims on poverty alleviation -Pranav Mukul
-The Indian Express The Niti Aayog's report, submitted before the United Nations, acknowledges that anti-poverty programmes like the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) helped weaker sections of the society. Vindicating the UPA government’s stand on pulling people out of poverty, India’s Voluntary National Review Report on the implementation of Sustainable Development Goals to the United Nations has said that sustained growth of 8.3 per cent from 2004-05 to 2011-12,...
More »
