-The Indian Express Current economic contraction is different from previous ones. Governments should borrow and spend India has never experienced negative economic growth since 1979-80, and before that in 1972-73, 1965-66 and 1957-58. All these were drought years with 1957-58 also registering a significant balance of payments (BOP) deterioration and 1979-80 witnessing the second global oil shock following the Iranian Revolution. The real GDP decline of 5-10 per cent that various agencies are...

-Livemint.com Overwhelming support for Modi government in rural India despite lack of day jobs and money crunch, finds Gaon Connection-CSDS survey New Delhi: Borrowing money to run households; wage work coming to a standstill; farmers unable to sell their Harvest on time and at a fair price; a drop in income for most families; yet, an overwhelming support for Narendra Modi-led federal government’s management of the covid-19 crisis. These are some of...

-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....

-The Tribune The job guarantee scheme kept the rural sector afloat during the pandemic-induced lockdown. The number of people employed under MGNREGA in Punjab has gone up considerably. AMID the Covid crisis, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has sustained thousands of villagers who had been rendered jobless across Punjab. These also include the youth who returned to villages after they lost their jobs in towns and cities. After the...

-Newsclick.in It is beyond belief and understanding why the government is refusing to distribute the mountain of food grain stocks sitting in its warehouses. India produced a record cereal Harvest of nearly 273 million tonnes in 2019-20, a jump of 10 million tonnes over the preceding year. While rice production increased marginally, both wheat and coarse grains showed notable increases. Besides these, the production of pulses increased by nearly a million tonnes...