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The mother of all disruptions -Jean Dreze

-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...

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Farm sector, jobs to top agenda of PM Modi's Niti Aayog meet -Mahendra Singh

-The Times of India NEW DELHI: Agriculture and jobs will form the focus of Prime Minister Narendra Modi's discussions on Tuesday with top economists and experts from India and abroad at a time the government has been criticised for the country's 'jobless growth'. The theme of the Niti Aayog meeting is 'Economic policy: The road ahead', but the PM has asked the premier government thinktank to concentrate on two areas: agriculture and...

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Rabi sowing slows demand for work under MNREGA in winter months -Sanjeeb Mukherjee

-Business Standard This is the time when farm labour is engaged in the fields which result in a dip in demand for work under MNREGA New Delhi: November is considered the best month for sowing of rabi crops as the winter starts setting in and the residual moisture in soil is still available, lowering farmers reliance on ground water. This is also the time, when farm labour is engaged in the fields and...

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MGNREGA hires plummet by 23 per cent in notebandi November -Subodh Varma

-The Times of India NEW DELHI: The Modi government's demonetisation move seems to have taken the wind out of the sails of an already faltering job guarantee scheme. The number of households getting work in November dropped by 23% compared to the previous month and those being turned back empty-handed jumped to a staggering 23.4 lakh, almost twice the number in October. Compared to the same month last year, work given this...

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Sangh's arm adds job jolt -JP Yadav

-The Telegraph New Delhi: The chief of the Rashtriya Swayamsevak Sangh's labour arm today said that far more jobs had been lost than were created since the Narendra Modi government assumed office, adding that the demonetisation had cost many jobs too. "Under the new government, 1 lakh and 35 thousand job opportunities have been created so far but 20 lakh people have lost their jobs," Baij Nath Rai, president of the Bharatiya...

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