-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...
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Slowdown in rural wages not a temporary phenomenon -Ishan Bakshi
-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...
More »NDA planned to amend, restrict rural job Act -Sanjeeb Mukherjee
-Business Standard Limits funds to states under the scheme and still looking to reduce labour budget ratios The National Democratic Alliance (NDA) government had begun work on amending the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), restricting the coverage to a few backward districts, leaving out large portions of Punjab, Haryana, Maharashtra, Gujarat, Tamil Nadu and Kerala from its ambit. The plan was eventually shelved after protests and a debate in...
More »Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report
-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...
More »Solar mamas engineer energy security -Ranjan K Panda & Hema Yadav
-The Hindu Business Line To buck migration, the Barefoot College has turned to mothers and grandmothers to light up villages Satabhaya village, in Kendrapada district of Odisha, is barely 65 km from the district headquarters, but it can be called remote by any yardstick. Located inside the Bhitarkanika wildlife sanctuary, it remains deprived of basic facilities such as roads and electricity. Abutted by the Bay of Bengal, the village is the only one...
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