Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
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Prof. Guy Standing, economist at the School Of Oriental and African Studies, University of London, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com In conversation with Guy Standing, economist at the School Of Oriental and African Studies, University of London Neither the Narendra Modi government nor Rahul Gandhi have gotten minimum income scheme right, he says New Delhi: Income support is the big economic idea of the season. While the ruling BJP government announced a limited money transfer scheme targeted at farmers in the recent interim budget, the Congress has proposed to solve the country’s...
More »Jan Dhan accounts keep villagers sober, slow rural inflation: Study -Surojit Gupta
-The Times of India NEW DELHI: Village residents who opened bank accounts under the Prime Minister's Jan Dhan Yojana (PMJDY) may be saving more and cutting back on their consumption of alcohol and tobacco, a study by the economic research wing of the State Bank of India (SBI) suggests. This may have also slowed inflation in rural areas. When the PMJDY programme was launched there were fears that higher circulation of money...
More »Home ministry blocks foreign funds for NGO that supported health ministry's anti-tobacco drive -Menaka Rao
-Scroll.in The Public Health Foundation of India had been working on government programmes since 2010. The Ministry of Home Affairs has barred the Public Health Foundation of India from receiving foreign funding by revoking its registration under the Foreign Contributions (Regulation) Act. The ministry cited the organisation’s lobbying against tobacco use as one of the reasons for the move. However, as the foundation’s officials have pointed out, it has been working...
More »On board cancer train with hope & prayer on lips -Vikas Vasudeva
-The Hindu Rise in cancer cases in Punjab can be attributed to indiscriminate use of agro-chemicals after the Green Revolution Bathinda: Lying on a bench at the Bathinda railway station, sexagenarian Gurjant Singh waits to board the Abohar-Jodhpur passenger train. He, however, is not the only one waiting. As the train chugs into the platform, people rush to claim their seats. Those who are unsuccessful settle down on the floor. Soon, the...
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