-The Indian Express It has helped mitigate increased rural distress due to COVID. Now, focus on getting people back to normal work The MGNREGA has created 153.16 crore person-days of employment during April-July. Not only is this way higher than the 107.24 person-days for the corresponding four months of last fiscal, but also significant compared to the 267.96 crore and 265.35 crore person-days generated in the whole of 2018-19 and 2019-20, respectively....
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How to pay for the stimulus -Pulapre Balakrishnan
-The Hindu Money financing is a viable route to take us back to pre-COVID-19 levels of output Former Prime Minister Dr. Manmohan Singh and his Congress party colleague Praveen Chakravarty have, in these pages, written on the appropriate policy response to the currently depressed state of the economy. Given Dr. Singh’s deep understanding of the subject, this is in the nature of invaluable counsel. Unlike the dispensation in power, he and his...
More »How Much Do We Really Know About the Migrants Who Shuttle Between Bharat and India? -Malvika Tyagi
-TheWire.in A recent survey conducted becomes invaluable in terms of data on the socio-economic backgrounds of seasonal and short-term migrants. The lack of a comprehensive database on India’s migrants has been one of the foremost hurdles preventing the Indian government from providing direct cash transfers to them. The most that the government has been able to say about migrants is their aggregate number. Indeed, one of the biggest non-medical tragedies of the COVID-19...
More »Rebuild India’s confidence, revive the economy -Manmohan Singh and Praveen Chakravarthy
-The Hindu The path to a sustained recovery is to improve sentiments in society, using economic tools These are extraordinarily difficult times for our nation and the world. People are gripped with the fear of disease and death from COVID-19. This fear is ubiquitous and transcends geography, religion and class. The inability of nations to control the spread of the novel coronavirus and the lack of a confirmed cure for the disease...
More »MGNREGA has already used up half its annual funds
-The Hindu The study noted that wages in the scheme are 25-30% lower than the minimum wages for agricultural workers in most States. One-third of the way through the financial year, government data shows that the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has used up almost half its allocated funds, spending more than ₹48,500 crore out of the expanded ₹1 lakh crore allocation announced following the COVID-19 outbreak. A new...
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