-Press Release by NREGA Sangharsh Morcha, dated 28 October, 2018 The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is meant to be demand-driven in the sense that work should be made available to anybody on demand for a maximum of 100 days per year per household. This implies that there cannot be arbitrary cap on the budgets. However, the programme has been made supply-driven and stifled due to -- (a) Insufficient...
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Labour Ministry puts on hold quarterly jobs survey -Yogima Sharma
-The Economic Times NEW DELHI: Labour ministry’s quarterly employment survey (QES), which provides for the number of jobs created in eight sectors that account for over 80% of the country’s total organised workforce, has been put on the backburner owing to the more recent payroll data which has projected much higher number of jobs created in the organised sector than the labour bureau survey shows. According to the government’s first-ever estimate of...
More »NREGA v minimum farm wages: How jobs Act is losing out to funds crunch -Shalini Nair
-The Indian Express After the Finance Ministry rejected the recommendations of two recent government panels, MGNREGA workers in 10 states will get no raises in 2018-19. Minimum farm wages are now higher in many states. The last time the union government brought MGNREGA wages at par with minimum agricultural wages was in 2009. Two years later, in 2011, only four states — Kerala, Goa, Haryana and Mizoram — had minimum agricultural wages...
More »15 theories about why India is facing a cash crunch a year and a half after demonetisation -Rohan Venkataramakrishnan & M Rajshekhar
-Scroll.in From ATM logistics to deliberate lack of supply to Nirav Modi, there are many explanations for the shortage. One of the most unusual things about the cash crunch that is affecting a number of Indian states, which the government officially acknowledged on Tuesday, is that the causes of the shortage are unclear. In various statements, government officials have pointed the blame at an “unusual spurt” in currency demand, although they...
More »Taxmen begin raids on hoarders of cash as Centre, RBI pump in notes -Sidhartha
-The Times of India NEW DELHI: Tax authorities have conducted 30-35 raids in Karnataka and parts of Andhra Pradesh as part of a drive to smoke out cash hoarders, even as the government and RBI moved to pump in funds into some of the states facing a currency crunch. In Bihar, for instance, Rs 800-900 crore has been pumped in through the ATM network with initial assessments suggesting that the shortage may...
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