A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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Index NREGA wages to rural inflation: Rural development ministry -Subodh Ghildiyal
-The Times of India NEW DELHI: In a bid to ensure higher returns for labourers in MGNREGA, the Union rural development ministry has again asked the finance ministry to index the wages under the job guarantee scheme to Consumer Price Index (rural - CPI-R) in place of the current CPI (agricultural labourers - CPI-AL). The RD ministry has argued that CPI (R) better reflects the present consumption pattern among rural households unlike...
More »Non-agricultural jobs pay better than the agrarian ones, on average, though wage rates vary across different rural occupations
If someone is a rural male, what occupation would he prefer? A rational person might say that depending on the highest prevailing daily wage rate in a particular occupation (which is subject to seasonal variation) vis-à-vis the rest, he will make his choice. An exercise undertaken by the Inclusive Media for Change team based on the latest available month-wise wage data of rural men shows that there is a seasonal variation...
More »No hike in MGNREGA wages in 10 states -Shalini Nair
-The Indian Express In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get no hike in their wages for FY 2018-19, according to the revised wage rates issued by the Union government. In the worst wage revision in the history of the rural employment guarantee scheme, that started in 2006, MGNREGA workers in 10 states will get...
More »Face the decline -Himanshu
-The Indian Express To suggest that demonetisation improved rural wages on the basis of rise in income of some workers is misleading. It halted the recovery of the rural economy, which had begun after the 2016 monsoon. There is now a consensus that the economy has been slowing down and is headed for a hard landing. Many who matter have spoken out and as Yashwant Sinha points out (‘I need to speak...
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