-The Economic Times NEW DELHI: The Centre is considering setting up a National Employment Guarantee Fund, which will facilitate the transfer of wages directly to the accounts of MGNREGA beneficiaries, reducing instances of delayed payments under the Employment guarantee scheme and preventing leakages. Please click here to read more. ...
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Rural wage growth lowest in 10 years, signals farm distress, falling inflation -Harish Damodaran & Surabhi
-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...
More »Centre announces Rs. 1,900-cr for e-gov project Panch Deep -KV Kurmanath
-The Hindu Business Line Hyderabad: The Union Government has announced Rs 1,900 crore for e-governance project Panch Deep to automate all transactions between the organisations and employees with regard to ESIC (employees state insurance corporation). The government will deploy a massive ERP (Enterprise wide Resource Planning) across the country connecting all the ESIC and other organisations in the ecosystem) Announcing this at a press conference here on Sunday, Labour and Employment Minister Bandaru...
More »Rural diversity and diversification -CP Chandrasekhar
-The Hindu Economic diversification in rural India, involving the emergence and growth of non-agricultural activities, is considered an important means of increasing Employment and per capita incomes, and improving standards of living. However, non-agricultural activities themselves are of various kinds differing in terms of productivity and the returns they yield. So while the development of some activities may point to rural dynamism, many others exist and grow because of the distress-driven...
More »NITI Aayog will set policy agenda -Puja Mehra
-The Hindu PM Modi to head panel that will give strategic advice On the first day of the New Year, the Modi Government set up NITI Aayog (National Institution for Transforming India) in place of the Planning Commission. The Prime Minister will head the new institution tasked with the role of formulating policies and direction for the Government. Its Governing Council will comprise State Chief Ministers and Lt. Governors of Union Territories. The...
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