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Production-linked incentives: Dole or incentive? -Shwweta Punj

-IndiaToday.in The production-linked incentive scheme has helped boost India's Mobile exports but is yet to show results in some other sectors. Agility and ease of doing business in its implementation will determine its success For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. A recent effort to give...

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Poverty, Inequality and a Pay Scale That Depends on Contractors' Whims: Scenes From Narela -Deepanshu Mohan, Tavleen Kaur Saluja, Jignesh Mistry, Hima Trisha and Sriniket Bandaru

-TheWire.in The Narela industrial complex is one of the biggest in Asia, packed with booming small-scale industrial units. It runs entirely on the labour of low-income workers who have very little say on their pay and living conditions. In order to start liberalising trade and industrial production capacity through economic policy, the Indian nation-state began implementing a set of Washington Consensus style neo-liberal economic reforms in the early 1990s. The liberalisation push across...

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Recovery analysis that points out what India got wrong -Suvojit Chattopadhyay

-The Hindu Being fiscally conservative resulted in a rise in extreme poverty, with there being no signs of any course correction A recent World Bank report, titled “Correcting Course”, captures the impact of the COVID-19 pandemic on global poverty. The number of people living in extreme poverty rose by seven crore million in 2020, as the global poverty rate rose from 8.4% in 2019 to 9.3% in 2020. This is the first...

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Clean swipe for MGNREGS attendance app only in 8 States -Sobhana K. Nair

-The Hindu To ensure transparency, the Union Government had made it mandatory for all State Governments to use the Mobile application to record attendance of workers Five months after the Union Government's order making it mandatory to capture attendance of Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) workers through government Mobile application-National Mobile Monitoring System (NMMS) at work sites where 20 or more workers are employed, at least three States —...

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Financial inclusion of MSMEs and its impact on society -Hardika Shah

-The Hindu Business Line Why access to capital for MSME entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social Mobility. However, certain sections have lagged...

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