Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...

-Economic and Political Weekly Farmer suicides are an unfortunate result of the agrarian distress plaguing the rural economy of many states of the country. Marathwada and Vidarbha regions in Maharashtra have recorded very high numbers of farmer suicides, and an attempt to calculate the number of suicides and the suicide mortality rate is the first step towards gaining an in-depth understanding of the prevalence and seriousness of the issue. An analysis...

-Down to Earth Distress among marginal farmers and unavailability of food to migrant labourers has been largely ignored in Union government’s economic stimulus   Agriculture and allied activities are considered ‘essential’ and officially face no restriction to harvest and supply to the market, even in the middle of the novel coronavirus disease (COVID-19) pandemic. But an agrarian crisis stemming from systemic failures needs to be considered for immediate policy response. The current distress...

-Vikalp.ind.in The unplanned countrywide COVID-19 lockdown has resulted in widespread distress to both principal classes among the rural population namely the peasants and agricultural workers. Peasants suffered in the first place from crop losses due to unplanned lockdown induced delay in harvesting of mechanised crops. Apart from this an additional problem for peasants was the elevated fluctuation in prices (fall in nominal prices more often than not) of both crops and...

-Frontline.in The Budget lacks any serious effort to address the main issues of unemployment, agrarian distress and falling incomes, revealing a high level of official insensitivity. A Budget during a time of recession, increasing unemployment, agrarian distress, falling incomes, demand constraint and malnutrition would have done well to first acknowledge the mess that policies have created and then taken steps to provide employment, boost rural incomes, increase purchasing power and thereby demand. Coming...