-Press release by NREGA Sangharsh Morcha and Peoples' Action for Employment Guarantee (PAEG) dated 9 July, 2019 Even as many parts of the county suffer from drought, the new government at the centre has allocated a mere Rs 60,000 crores for the National Rural Employment Guarantee Act (NREGA) for the ongoing financial year. This is Rs 1,084 crore less than the revised budget estimate for 2018-19. Expenditure would have been much...
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Economic Survey's Call for MGNREGA to Become 'Rural Distress Indicator' a Nod to Jobs Crisis?
-TheWire.in The survey also conferred a lot of credit on the Centre’s move in 2015 to implement direct benefit transfer and Aadhaar-linked payments when it comes to workers' wages. New Delhi: In tacit acceptance of the sudden surge in demand for jobs under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) following the demonetisation move of the government in 2016, the Economic Survey (released this July 4) has called for using...
More »India GDP overestimation: more evidence -Nikita Kwatra
-Livemint.com India’s actual growth rate over the past few years may have been in the range of 5-5.5% over the past few years, according to a new study Last month, a research paper by the former chief economic adviser to the finance ministry, Arvind Subramanian, reignited the controversy surrounding India’s GDP calculations. In his paper, Subramanian suggested that India’s growth rate in recent years had been grossly overestimated --- a claim that...
More »Prudent prescription: on MSME sector
-The Hindu An RBI panel’s suggestions on the MSME sector cut to the heart of crucial issues The micro, small and medium enterprises (MSME) sector in India is not only a key engine of growth, contributing more than 28% of the GDP and about 45% to manufacturing output. It is also a true reflection of economics where people really matter. Providing employment to about 111 million people, the sector’s health is crucial...
More »Despite Narendra Modi's LPG push, household air pollution kills 8 lakh people -Prabhash K Dutta
-IndiaToday.in The Modi government said it distributed free LPG connections to 8 crore households. A new study says 16 crore households still use solid fuels for cooking which causes 8 lakh annual deaths in India. * 11 lakh people die premature every year due to air pollution in India * 8 lakh or about 80 per cent of these deaths are caused by household air pollution * Modi government said it has distributed free...
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