The much-vaunted NREGA has defaulted on many of its promises “There are many households in our village who have NREGA cards but have not sought work for over two years,” says 32-year-old Umesh Kumar, gram pradhan of Bhainswal village, in Muzaffarnagar district of Uttar Pradesh. In fact, Kumar recounts having to actually go around persuading people to come for work “whenever we get projects for implementation under NREGA”. This first-time...
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FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Inequality rises in India, says OECD
-PTI India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...
More »India's income inequality has doubled in 20 years
-The Times of India Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economies. The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Moreover, wages are not smoothly spread out even through the middle of the distribution. The top 10% of earners make...
More »NREGA bears brunt of Trinamool-CPM tussle in Bengal by Sabyasachi Bandopadhyay
The Assembly elections this year, followed by squabbles and tussles between the ruling Trinamool Congress and the CPM at various gram panchayats and panchayat samitis after the regime change, have spelt doom for the Mahatma Gandhi National Rural Employment Guarantee Scheme in West Bengal. In the seven months from April 1 to October 31, only 19 days of jobs could be given to 2.55 lakh families and 4.17 crore mandays could...
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