The revised daily wage for NREGS workers is still lower than the minimum wages paid in several States. A CONTROVERSY seems to have surfaced between the Prime Minister's Office and the National Advisory Council (NAC) on the issue of wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The NAC has been arguing for some time that there should be parity between wages under the National Rural Employment...
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Five myths about microfinance by TT Ram Mohan
The microfinance bubble has burst. The AP government ordinance, the AP oppositionfs campaign asking borrowers not to repay and the sheer public hostility towards MFIs . all these have put the brakes on MFI activities for now. We need to rethink the role of MFIs in the rural economy . In order to do so, we must first grasp some of the myths on which the MFI sector has rested...
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KEY TRENDS • Maternal Mortality Ratio for India was 370 in 2000, 286 in 2005, 210 in 2010, 158 in 2015 and 145 in 2017. Therefore, the MMRatio for the country decreased by almost 61 percent between 2000 and 2017 *14 • As per the NSS 71st round, among rural females aged 5-29 years, the main reasons for dropping out/ discontinuance were: engagement in domestic activities, not interested in education, financial constraints and marriage. Among rural males aged...
More »The Economy of Knowledge by Sukanta Chaudhuri
In our 63rd year of Independence, the Right to Education Act comes into effect on April 1. On the eve of its launch, the Union education minister has balanced our perspective by another resolve. India’s enrolment rate for higher education is around 12 per cent. He would increase this to 30 per cent, in line with the advanced nations. There is only one snag. Unlike in advanced countries, one Indian in...
More »The Ground Beneath Our Feet by Tripti Lahiri
CITIES MAKE one simple promise to newcomers: Sacrifice yourself to me and your children shall prosper. This promise drew Ahmed Raza, a small-time wrestler from an Uttar Pradesh village and millions like him to the capital of newly-independent India. Raza kept his part of the bargain, yet half a century later, his daughter was pushed out of the city her father helped build, the only home she has known. “I...
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