-Livemint.com ILO chief Guy Ryder says India needs to continue strong ‘social policies' such as the MGNREGS to give ‘guaranteed' days of employment to the rural poor As the number of jobless globally crosses 204 million amid slow economic growth and widening inequalities, India needs to continue strong "social policies" such as the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to provide "guaranteed" days of employment to the rural poor, the...
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Into the abyss? -Jitendra
-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...
More »An uncertain Hobbesian life -Feroze Varun Gandhi
-The Hindu India's small farmers have been struggling for centuries now and they need social and governmental action to change their future Of India's 121 million agricultural holdings, 99 million are with small and marginal farmers, with a land share of just 44 per cent and a farmer population share of 87 per cent. With multiple cropping prevalent, such farmers account for 70 per cent of all vegetables and 52 per cent...
More »Revisiting rural indebtedness - CP Chandrasekhar
-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
More »Centre plans new fund for direct transfer of wages to MGNREGA beneficiaries -Yogima Sharma
-The Economic Times NEW DELHI: The Centre is considering setting up a National Employment Guarantee Fund, which will facilitate the transfer of wages directly to the accounts of MGNREGA beneficiaries, reducing instances of delayed payments under the employment guarantee scheme and preventing leakages. Please click here to read more. ...
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