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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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...
More »Centre to incentivise work-from-home jobs -Yuthika Bhargava
-The Hindu Govt. working on scheme to offer financial support to both employers, employees in IT/ITES sector The government is working on a scheme to push work-from-home jobs in the IT sector by offering financial incentives to both employees and employers. “Incentivising work-from-home jobs through policy-level initiatives can help in creating jobs in the ITES domain while increasing the available talent pool for the sector. This will create employment opportunities in the IT/ITES...
More »Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty
-The Telegraph Centre to eat up savings in case of death of subscriber and spouse The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification. Contributory pension schemes usually ensure payments to dependant and unmarried children. However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union...
More »Labour Bureau submits report on jobs created by MUDRA loans -Priscilla Jebaraj
-The Hindu The Labour Bureau has completed its survey on employment generated by the MUDRA loan scheme, giving the Centre a potential data tool to combat other reports showing a dismal scenario on jobs. “We have completed the survey and submitted the report to the Labour Ministry,” said a senior Labour Bureau official, speaking on condition of anonymity. “It is awaiting the Minister’s approval now… it is likely to be released in...
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