-Newsclick.in Additional funds for MSMEs and MGNREGA are going to create enough jobs, but the economy will remain in doldrums. There has been much mutual patting on the back and self-congratulation, after the Narendra Modi government announced two policy measures that could have a direct impact on job creation. These were: a special credit line of Rs.3 lakh crore for MSMEs (medium, small and micro enterprises) and an additional allocation of Rs.40,000...
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Chhattisgarh to reward farmers through new scheme -Varghese K George
-The Hindu Baghel says scheme will cover rice, maize and sugarcane farmers to begin with, and will expand to other crops later Farmers in Chhattisgarh would get up to ₹13,000 an acre a year under a new income support programme announced by the State government. The Rajiv Gandhi Kisan Nyaya Yojana would kick off on Thursday, 19th death anniversary of the former Prime Minister. In the first instalment, ₹1,500 crore would be...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »Less than 50% of households demanding MGNREGS jobs got them -Tina Edwin
-The Hindu Business Line Andhra Pradesh, Chhattisgarh, Odisha among better performers in providing work: Rural Development Ministry data Less than half the rural households that demanded work in the last 45 days were offered work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), data on the Ministry of Rural Development website show. Data updated as on May 15 show that 2.48 crore rural households across India had demanded work in the...
More »Didi reels off schemes to boost Rural Economy -Pranesh Sarkar
-The Telegraph The chief minister announced a new scheme — Matir Shristi — for six backward districts in the western part of the state Mamata Banerjee on Wednesday announced a series of schemes for income generation to ensure livelihood for rural populace in the post-lockdown period as the state government realised the need of securing flow of funds at the grassroots level. “Life and livelihood have come to a halt (because of the...
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