-Business Standard Pending labour wages by the end of 2016-17 could be around Rs 3,000-4,000 crore For the second year running, the Centre is likely to approve a labour budget of around 2.2 billion person-days under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The labour budget, for 2017-18, could be enhanced as well, if more demand is generated owing to drought or insufficient rainfall in any part of the country, senior...
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MGNREGA lesson for universal basic income: Once introduced, there's no going back -Aurodeep Nandi
-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
More »What you can do with Re 1 in India -Basant Kumar Mohanty
-The Telegraph New Delhi: The Centre has raised wages under the rural job guarantee scheme - by the princely sum of one rupee a day in many states. The increase is the lowest in the 11-year history of the Mahatma Gandhi National Rural Employment Guarantee Act, and leaves its wage rates in 11 states stuck far below their minimum wages, set by the state governments. The eastern states are the worst hit. As...
More »Again, Centre puts on hold decision on bringing parity in MGNREGA, minimum wages -Jitendra
-Down to Earth Finance Ministry has said that such parity is not possible as it would involve an additional burden of around Rs 10,000 crore on the exchequer The Union Ministry of Rural Development (MoRD) puts on hold the consideration of bringing parity of MGNREGS wage with minimum wages of states as its proposal has not got an in-principle approval from the Finance Ministry. According to the MoRD, the finance ministry has...
More »Will Budget help double farmers' income? -Vidya Venkat
-The Hindu Most of the earnings of the average farm household were spent in meeting consumption expenditures. Finance Minister Arun Jaitley announced a slew of measures in the Union Budget 2017 to boost the agriculture sector. Higher agricultural credit, higher allocation for irrigation projects, a crop insurance scheme and increased allocations for MGNREGA to dig farm ponds were among the measures announced on February 1. But will these help attain the goal...
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