-Livemint.com Despite claims of an economic recovery, rural wage growth of non-agricultural labourers continued to be in negative territory for the fourth month in a row Data released by the Central Statistics Office last month suggested a recovery in economic growth during the fourth quarter of 2017-18, with the economy expanding by 7.7% compared to that in the first quarter, when growth was at its lowest at 5.7%. This has given some...
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Rural wage growth lowest in 3 years -Manas Chakravarty
-Livemint.com There isn’t any big base effect at work here, so the fall in wage growth is the result either of less demand for rural labour or more supply. Either way, it points to rural distress If economic growth is picking up, as all experts agree, why is growth in rural wages faltering? The accompanying chart shows that growth in rural wages for men, taken as the simple average wage rate for...
More »Non-agricultural jobs pay better than the agrarian ones, on average, though wage rates vary across different rural occupations
If someone is a rural male, what occupation would he prefer? A rational person might say that depending on the highest prevailing daily wage rate in a particular occupation (which is subject to seasonal variation) vis-à-vis the rest, he will make his choice. An exercise undertaken by the Inclusive Media for Change team based on the latest available month-wise wage data of rural men shows that there is a seasonal variation...
More »A triple blow to job guarantee scheme -Rajendran Narayanan & Madhubala Pothula
-The Hindu A lack of sufficient funds, rampant payment delays and abysmal wage rates are to blame The ?11,000 crore fraud that diamond merchant Nirav Modi is said to have created is a figure that needs to be put in perspective. The total amount of wages pending under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme for the whole country (2016-17) was around ?11,000 crore too. This sum is a...
More »Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)
-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...
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