-The Hindu Daily wagers are taking part in rallies for Rs. 1,000 a day and a meal VIJAYAWADA (Andhra Pradesh): Farmers are running short of hands during the crucial rabi sowing season, with thousands of daily wagers opting to work in election campaigns instead. Politicians are paying the agricultural labourers ?1,000 per day for being part of an election rally, apart from a meal and snacks. The job entails being a part...
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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)
-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...
More »Rural distress is real: Negative monthly growth of real wage rates witnessed in rural areas for 9 consecutive months, starting from November 2017
Growth in rural wages not only indicates economic prosperity of the masses, it is also considered important so as to generate effective demand for goods and services, which is produced by various sectors of the economy. When money becomes available in the hands of rural workers due to government spending on programmes such as Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), it generates demand for commodities. The production of commodities...
More »CPI(M) promises unemployment dole -Sobhana K Nair
-The Hindu Manifesto includes repealing AFSPA. Targeting the Narendra Modi government for a 45-year high in unemployment figures, the Communist Party of India (Marxist) (CPI-M) in its manifesto, released on Thursday in Delhi, said the “right to work” should be enshrined in the Constitution and there should be a provision of allowance for those without jobs. The party’s campaign song too captures the party’s accusation with lyrics that say “Aab ki baar, Modi...
More »Rural distress: Last year of Govt saw highest demand for MNREGA jobs in 8 yrs -Shalini Nair
-The Indian Express In 2014-15, the first year under of the NDA government when Prime Minister Narendra Modi had dismissed MGNREGA as “the living monument of UPA’s failure’, the person-days generated was just 166 crore. In an indicator of rural distress, the last year of the NDA government shows a marked increase in the demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Official data show that...
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