The robust 9 per cent –plus growth in South Asia till 2010, driven largely by India, where it came down to around 7 per cent in 2011-12, had one major qualifier: it was mostly associated with a rapid rise in labour productivity rather than an expansion in employment, according to the latest report Global Employment Trends from International Labour Office. Up until the end of the millennium, that is just a...
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NREGA: Wages are often denied or delayed, with corruption rife-Inayat Sabhikhi
-The Economic Times Shibu Joseph ( Why I am Quitting my Job, ET, March 29) suggests, tongue-in-cheek, that he should quit the drudgery of corporate life and, instead, enjoy the "freebies" given to the aam aadmi, like the right to work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). I am not going to write on behalf of the crores of people who work in this programme, because I am...
More »Liberal politics of Economic Survey 2011-12 by Richard Mahapatra
The Economic Survey 2011-12 showcases the dividends of economic liberalisation started by the ruling party. But admits: growth is not possible without agriculture During the last financial year there were talks of the Indian economy finally decoupling from agriculture thus monsoon. The Economic Survey of 2011-12 disagrees with that. The survey has re-emphasised that whatever economic growth happened in the last fiscal it was due to agricultural growth. India recorded the...
More »India faces rising labour force, inequality-Prashant K Nanda
Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural income disparity, and concern that it may increase as more young people enter the job market. While India’s unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...
More »101 NREGA workers win compensation
-The Times of India In what is a first in Andhra Pradesh, 101 workers in Medak district have been awarded unemployment allowance to the tune of Rs 2 lakh for having been denied work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The award is being seen as an assertion of wage earners' rights under the Act as this is the first time that they have earned compensation for not...
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