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Rural distress and demand up, NREG gets lowest wage hike for 2019-20 -Shalini Nair

-The Indian Express With effect from April 1, rural NREG labourers in six states and Union territories will see no annual increase in their daily wages this financial year while workers in another 15 states will get a daily wage hike of between Re 1 and Rs 5. New Delhi: For the year 2019-20, the Ministry of Rural Development notified state-wise wages for unskilled manual workers under the Mahatma Gandhi National...

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Repeat MPs' assets rose 142% -Devesh K Pandey

-The Hindu Financial details of 153 sitting MPs analysed by ADR-National Election Watch The average financial assets of 153 re-elected Lok Sabha MPs grew by 142%, from ?5.5 crore in 2009 to ?13.32 crore in 2014, according to an analysis by National Election Watch and the Association for Democratic Reforms. E. T. Mohammed Basheer of the IUML declared the highest jump of 2,018% (an almost 22-fold surge), followed by the TMC’s Sisir...

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Govt. defends electoral bonds scheme in SC -Krishnadas Rajagopal

-The Hindu ‘Ensures transparency, checks misuse’ Electoral bonds have been introduced to promote transparency in funding and donation received by political parties, the government told the Supreme Court on Thursday. “They [bonds] can be encashed by an eligible political party only through their accounts with authorised banks. The bonds do not have the name of the donor or the receiving political party and only carry unique hidden alphanumeric serial numbers as an in-built...

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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators

Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...

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Rural distress deepens: Wage growth dips, non-farm jobs hit -Harish Damodaran

-The Indian Express The last five years, in other words, have seen a slowdown in rural wages even after adjusting for inflation, which has been far lower than during the UPA regime. Rural wages have grown 3.8 per cent year-on-year in December, the lowest ever for this month. Together with depressed farm prices — annual wholesale inflation in December was minus 0.07 per cent for “food” and 4.45 per cent for...

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