-Newsclick.in Hatsun Agro Products doesn’t pay minimum wages despite a turnover of Rs 5,500 crore and forces employees to resign. With a massive turnover of Rs 5,500 crore at the end of the 2021 fiscal, Hatsun Agro Products (HAP), the country’s largest private dairy products company, reported a massive 25% increase in net profit for the second quarter as against the same period in the previous year. Around the time the company planned...
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NREGA: A pathway to climate resilience -Manu Moudgil
-IDROnline.org Natural resource management activities under NREGA have the potential to help India increase carbon sequestration and combat climate change. The world’s largest anti-poverty programme may also help India achieve its target of creating an additional carbon sink of 2.5-3 billion tonnes of carbon dioxide-equivalent, through additional forest and tree cover, by 2030, in line with the Paris Agreement on climate change. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) captured 102...
More »Around 5 crore MGNREGA workers and their families will have to spend their Diwali without food & sweets due to pending wages
-Press release by Peoples' Action for Employment Guarantee dated 3rd November 2021 About 8 crore NREGA payments are pending as on November 3, 2021 according to Report 8.1.1 of the NREGA Management Information System (MIS). This means, for nearly 5 crore workers across the country this will be a Kali Diwali. Following the raging debate about NREGA funds running out with 5 months remaining, the People’s Action for Employment Guarantee (PAEG)...
More »Drying up of MGNREGA allocation will shrink the rural economy further -Dibyendu Chaudhuri and Parijat Ghosh
-Down to Earth The focus of MGNREGA has, over time, shifted from employment creation to asset creation The funds allocated in the Union budget 2021-22 for implementing schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) were exhausted within the first half of this financial year. The budgetary provision for 2021-22 was Rs 73,000 crore, of which Rs 79,810 crore has been spent. Many workers didn’t get paid; it may take...
More »The invisible churn in India’s labour markets -Abhishek Jha
-Hindustan Times A country’s unemployment rate can increase or decrease over time, and people can move from one form of employment to another. But headline numbers on unemployment rate and kind of employment do not tell us about the degree of churn in the labour market. One of the most basic concepts in economics is stock versus flow. Stock is a variable measured at a point in time. An individual’s net worth...
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