-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...
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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais
-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...
More »India’s dairy sector has helped lift the Rural Economy and improve livelihoods -Yashobanta Parida and Deepika Yadav
-The Hindu Business Line The country must now usher in a new era of development for the dairy sector, by building procurement infrastructure in milk deficit States and adopting appropriate technology in these regions World Milk Day was established by the Food and Agriculture Organisation (FAO) on June 1, 2001, to recognise the importance of milk as a global food. This year we celebrate the 20th anniversary of World Milk Day. This...
More »One in every four in rural India unemployed, urban joblessness at 1-month low -Prashant K Nanda
-Livemint.com * Rural unemployment rate has been growing for the last couple of weeks despite Rural Economy opening up gradually * Economists believe despite the opening up of the economy, it will take time for unemployment situation to come back to the pre-covid time NEW DELHI: India’s rural unemployment rate climbed to 25.09% in the week ended 24 May from 22.79% in the previous week, while urban unemployment rate declined by over four...
More »Is repurposing MGNREGA the right way forward? -Ashwini Kulkarni and Pramathesh Ambasta
-The Indian Express MGNREGA is not the best instrument to help MSMEs in urban and rural areas. Mixing up its objectives can only lead to chaos with no value addition Newspaper reports suggest that a Group of Ministers (GoM) on employment, whose report is not yet available in the public domain, has made draft recommendations including some on MGNREGA. Their suggestions include merging MGNREGA with skill development programmes and using its funds...
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