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Rural economy holds the key to economic revival -Himanshu

-Livemint.com Distress in rural economy is not limited only to the agrarian sector but has also spilled over to the larger economy with unemployment becoming a major challenge 2017 has been a bad year for the economy. The fact that the economy is in crisis, particularly the rural economy, is no longer a matter of statistics. The recent elections in Gujarat have laid bare the fissures in the rural economy that have...

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MGNREGA has failed to stem migration, a key objective of scheme

-The Financial Express Not very long ago—indeed, in July this year—the government had insisted that MGNREGA, as per the findings of independent studies, had helped reduce seasonal migration. To a question on what the government was doing to stop distress migration, the junior minister for rural development, Ram Kripal Yadav, had told the Rajya Sabha that the government has increased the number of guaranteed days of work under the rural jobs...

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Rural job scheme not reducing migration significantly, shows survey -Sanjeeb Mukherjee

-Business Standard 80% of surveyed districts did not show any change in migration New Delhi: The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has succeeded in creating livelihood assets but might not have a big impact in curbing migration -- one of its objective.   According to a survey conducted by Institute of Economic Growth (IEG), almost 78 per cent of households covered reported an increase in water table after building conservation...

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Gujarat Model's Failure Explains Why the Economy Is a Significant Factor in the Coming Elections -Jayati Ghosh

-TheWire.in The model of development that was presented as a success story relies on patronising and providing incentives to large businesses while simultaneously suppressing Wage Incomes. By now, almost everyone in the country knows the one thing Prime Minister Narendra Modi and the team around him excel in – the art of public relations and media management. This is the reason that the ‘Gujarat model’ of handling a state’s economy became such...

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Whose development is it anyway? -TK Rajalakshmi and Akshay Deshmane

-Frontline.in The Assembly elections have put under intense scrutiny Narendra Modi’s Gujarat model of development which is touted as worthy of replication throughout the country. Audit reports of the CAG provide ample evidence of it being inefficient, corrupt and not beneficial to the common people. THE standard indicators of development, as is understood in theory and practice, comprise a range of indices, and not necessarily the level of private investment in...

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