-The Asian Age The Mahatma Gandhi National Rural Employment Guarantee Act wages is set to go up, with the government on Thursday stating that it would bring parity with the agricultural minimum wages in states. The ministry of rural development would soon ask the finance ministry for an additional allocation of `2,000 crore to roll out the wage hike. Union minister for rural development Chaudhary Birendra Singh on Thursday informed the Lok...
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Unintended Consequences Of NREGS -Shailesh Chitnis
-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man." This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...
More »Rural distress worsens across India -Sayantan Bera
-Livemint.com Telangana 9th state to declare drought, adding to the agrarian crisis and posing a threat to the rural economy New Delhi: Telangana has declared a drought in parts of the state, becoming the ninth state this year to do so, highlighting the agrarian crisis that could cause a likely fall in the production of rain-fed crops such as pulses, oilseeds and cotton, and result in a further slowing of the...
More »Grin and bear it: India’s ‘pulse problem' does not have an immediate solution -Dinesh Unnikrishnan
-FirstPost.com Ram Naresh, who runs a small tea-snacks shop in Navi Mumbai isn’t really keen to discuss politics. “After all, what difference does it make to me? No matter who rules, prices keep going up,” Naresh says. Naresh, hails from a rural village in Uttar Pradesh, is clearly upset with the way prices of Dal and Onion has gone up of late. He gets to save a little from his daily earnings...
More »Why higher govt spending is crucial to contain rural distress
-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...
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