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Need new stimulus of Rs.10 lakh crore: Economists Collective

-The Hindu Economists urge cash transfers to 80% of households to revive economy. The Centre needs to announce a ₹10 lakh crore fiscal stimulus package providing universal food ration and cash transfers for 80% of households in order to revive the economy at this time, the Heterodox Economists Collective has urged. Employment guarantees must be expanded for both rural and urban workers at a time of soaring joblessness, the group of economists...

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COVID-19 Lockdown: Impact on Agriculture and Rural Economy -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Society for Social and Economic Research Monograph 20/3 Key Messages Lack of planning and preparation by the Central government for tackling the COVID-19 pandemic has dealt a massive blow to India’s economy and has caused enormous hardships to working people of the country. Harvesting of Rabi crops • Unplanned and sudden imposition of the lockdown resulted in a massive and unprecedented disruption to agricultural activities such as harvesting, sale of agricultural produce, and purchase...

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Welfare mainstay MGNREGS off to slow start this fiscal year -Saubhadra Chatterji

-Hindustan Times Less than 57% of the people who sought work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have received jobs under the programme. At a time when millions of migrant workers who have returned home to the hinterland are looking towards it for a livelihood, the government’s flagship rural jobs programme has got off to a slow start in the new financial year, government data show, amid the...

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Five Things the Govt Needs to Do to Mitigate Rural and Migrant Distress -Ashwini Kulkarni

-TheWire.in The dire situation induced by the nationwide lockdown is now threatening to undo the last few decades of work in poverty alleviation. The outbreak of the novel coronavirus and the subsequent nationwide lockdown measures have accelerated simmering rural-agricultural distress. Migrant workers who have recently returned to their native villages are but another critical dimension of the deteriorating situation. The dire circumstances are now threatening to undo the last few decades of work...

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Why cash can save the rural jobs scheme -Reetika Khera

-Livemint.com * India is set to spend over ₹1 tn on the world’s largest rural employment programme. Can it be made to work better? * Large work sites should be opened proactively in each panchayat without waiting for applications. Anyone who shows up should be allowed to work and payments should be in cash If we get work in the village, why would we go elsewhere? We have worked on NREGA before, but...

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