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There is confusion in the MIS data on approved labour budget and projected labour budget, says new tracker by Peoples' Action for Employment Guarantee

-Second MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 17th August, 2020 A MGNREGA tracker has been prepared by the Peoples' Action for Employment Guarantee (PAEG) that brings to you the latest developments, updates, and figures on the implementation of MGNREGA across the country till 3rd August, 2020. Given the significant role that MGNREGA is playing in the lives and livelihoods of rural workers, PAEG intends to keep...

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COVID-19 Lockdown Cost Livelihood of 78% Informal Sector Workers, Says Survey

-Newsclick.in Among the total respondents, 15% are from scheduled tribes and 39% are scheduled castes, which is higher than their proportion in the country’s population. The COVID-19 pandemic has thrown the workers, especially in the informal sector, into a deep crisis. A recent report “Workers in the Time of COVID-19" on informal workers says that more than 78% of workers have lost their livelihoods Since the pandemic-induced lockdown. The survey by ActionAid India...

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In less than five months of FY21, NREGA demand at all-time high -Harikishan Sharma

-The Indian Express This is the highest demand the scheme has seen Since its inception in 2006-07, an analysis of data available on the MGNREGA portal shows. The demand for work under the MGNREGA has soared to an all-time high, with about 5.53 crore households availing the rural job guarantee scheme in just four-and a-half months of the current financial year. This is the highest demand the scheme has seen Since its inception...

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A crisis without villains -Harish Damodaran

-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...

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How a boat journey in the mid-1960s started Kerala’s Gulf Boom -Gita Aravamudan

-TheNewsMinute.com Kerala has become a state fueled by a remittance economy, but the origins of this, dates back to several decades. In the summer of 1980, I visited Kerala’s Varkala in Thiruvanathapuram for the first time. It was the peak of the first Gulf boom. The media was full of stories on the ones who had made it big. But I was doing an article on the petrodollar paupers — the ignored...

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