-The Hindu Stimulus measure to link pay to consumer price index with annual revision. Staring at a slump in rural demand and a slowdown in the rural economy, the Centre plans to inject more money into the UPA’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking wages under the Act to an updated inflation index, which will be revised annually. It hopes this will increase wages, thus increasing...
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Rate cut alone can't arrest slump, boost rural demand: SBI report
-PTI Economists at State Bank Research also warned that any attempt to trim government spending to maintain the fiscal numbers will be severely detrimental to growth. Lose-monetary policy alone cannot arrest the deepening slump, instead government must take demand-boosting measures, especially in rural areas, by frontloading expenditure primarily through the national rural employment scheme, says a report. Economists at State Bank Research Monday also warned that any attempt to trim government spending to...
More »Six reasons why the Economic Survey's presentation of MGNREGA is misleading -Rajendran Narayanan & Rakshita Swamy
-The Hindu The Economic Survey presents an unbalanced view of the technical interventions in MGNREGA A chapter in the recent Economic Survey on the “transformational” impact of Aadhaar on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) merits scrutiny. It presents a skewed and unbalanced view of the programme’s technical interventions instead of taking a comprehensive view of the implementation. The Survey draws heavily from the Indian School of Business’s working...
More »Underfunding, misleading claims: The story of MGNREGA in New India -Debmalya Nandy
-Down to Earth Govt has made tall claims on NREGA implementation; but it is neither keen on providing dignified wages nor allocating adequate funds for the scheme The Union Budget for 2019-20 ignored issues of social security and employment and did not show any intent to boost rural India. The Budget tabled by Nirmala Sitharaman on July 5, 2019 was a disappointment for 13 crore rural households dependent on the Mahatma Gandhi...
More »Civil society activists condemn the statement by Rural Development Minister in Parliament on discontinuation of MGNREGA scheme
-Press statement by NREGA Sangharsh Morcha dated 19 July, 2019 While it is heartening that a discussion on rural development lasted for nine hours in Parliament with important issues on MGNREGA being raised, we are deeply disappointed at the statement of the Rural Development Minister that not only displays a lack of understanding of the program but also betrays the clear anti-poor sentiment of this government. On the central issue of inadequate...
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