Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
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How Have the Centre’s Food Distribution Schemes Performed So Far? -Kabir Agarwal
-TheWire.in Food distribution under the PMGKY and Atmanirbhar Bharat package has been marked by delays. New Delhi: On Tuesday, Prime Minister Narendra Modi announced the extension of the Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) till the end of November. Under the scheme, 800 million ration card holders who are beneficiaries under the National Food Security Act (NSFA) are entitled to five kg additional grain (wheat or rice) per month per person....
More »Centre renames maternity benefit scheme, adds Pradhan Mantri to it -Moushumi Das Gupta
-Hindustan Times The Centre has renamed the Matritva Sahyog Yojana - a scheme under which pregnant and lactating mothers get Rs 6,000 for the first live birth - as Pradhan Mantri Matritva Vandana Yojana (PMMVY) in yet another instance of the Prime Minister’s name being prefixed to a government programme. Government sources said the name of the scheme, which was cleared by the Union cabinet last week, was changed to make it...
More »Unemployment
KEY TRENDS • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...
More »Union Budget And Other Economic Policies
**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
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