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A peek into the Modi government's (likely) budget 2023 - CNES Infosphere

- Deepanshu Mohan, Soumya Marri, Bilquis Calcuttawala, Malhaar Kasodekar, Aniruddh Bhaskaran and Hemang Sharma A pre-budget deep dive by the Centre for New Economic Studies (CNES) Infosphere team has come up with some interesting takeaways. The analysis has looked at past macroeconomic and budget trends to set the tone for Budget 2023-24. They do this by looking at capital and revenue expenditure, sectoral analysis of budget expenditure and a scheme-wise allocation...

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Fact check: Is the demand for MGNREGA jobs declining, as Finance Minister Nirmala Sitharaman claims? -Nidhi Jacob

-Factchecker.in/ Scroll.in MGNREGA is a social security and employment scheme which aims to provide at least 100 days of guaranteed employment in a year to every rural household. Union Finance Minister Nirmala Sitharaman, while addressing the Lower House of the Parliament on December 14, claimed that the demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act is declining. “There is now very obviously a declining demand for jobs in the...

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Bengal: Rs 2,744 of NREGA Wages Pending, Workers’ Group Says ‘Rights Violated’

-Newsclick.in MGNREGA workers in West Bengal have not been paid wages since December 26, 2021, which is a violation of their fundamental rights, the Morcha said. New Delhi: The NREGA Sangarsh Morcha on Monday marked one year of the Centre withholding the release of over Rs 7,500 crore of MGNREGA funds to West Bengal as protest demonstrations took place across the state. MGNREGA workers in the state have not been paid wages since...

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MGNREGA workers in West Bengal have not received wages since December 26, 2021

-Press release by NREGA Sangharsh Morcha dated December 26, 2022 * Centre withheld over Rs. 7,500 cr funds, Rs. 2,744 cr due to NREGA workers * Centre hasn’t sanctioned labour budget for 2022-23 * Loss of around Rs. 3,891-Rs. 6,046 crores of NREGA wages this FY due to stoppage of work * Average days of work for the current year dropped to meagre 23 from 63.46 days (pre-covid) and 49.96 days (post-covid) Victimisation of workers: MGNREGA...

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Why are India’s slowing exports a cause for concern? -K Bharat Kumar

-The Hindu How are other export-dominated countries faring? Why is the government optimistic that domestic demand will counter the effects of declining exports? The story so far: India’s exports declined about 16.7% in October compared with the year-earlier period. This is the first slide reported for any month since February 2021. October imports rose at a much milder pace than earlier, most likely because of softening commodity prices worldwide, and trade deficit...

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