Real wages in the hinterland have stagnated despite zooming economy While the economy has zoomed along at an average of 7.2% of GDP in the last decade, real wages in the hinterland have stagnated. You would imagine that after a decade of impressive economic growth averaging around 7.2 per cent, rural populations would be beneficiaries to this story. However, wage patterns considered over the last ten years show that real wages (wages...

-The Business Standard Yes, it will help combat the acute shortage of farm labour, but it goes against the Act’s core principles. Devinder Sharma  Food and agricultural policy analyst The crisis in agriculture has worsened and it is directly proportionate to the spread of MNREGA Isn’t it strange? The Mahatma Gandhi Rural Employment Guarantee Act (MNREGA), which was primarily designed as a radical and novel response to combat rural poverty, is actually hitting the very...

-PTI   The ongoing strike at Maruti Suzuki's Manesar plant entered its sixth day today, with no production taking place at the unit, as workers continue to demand that the management take back all suspended and casual employees.  The strike by workers at Suzuki Powertrain India Ltd (SPIL) and Suzuki Motorcycle India Pvt Ltd (SMIPL) in support of their colleagues at Maruti Suzuki India's (MSI) Manesar plant has worsened the situation.  "The plant is...

-The Hindu Business Line   Labour Shortage, wage bill, loss of orders hit industry, says survey Labour Shortage, wage increases and loss of confirmed orders are hitting industry hard, says a survey by Federation of Indian Chambers of Commerce of India (FICCI). If this were not enough, the UPA Government's flagship rural job scheme, MGNREGA, is adding to industry's labour woes by luring away casual workers, it adds. The survey, which found the impact of...

-The Economic Times   Government's flagship rural job guarantee scheme, MGNREGA, has led to Labour Shortages for the industry resulting in increased wage costs and hampering production, Ficci said today. The chamber, which has done a survey on the impact of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on the industry and the farm sector, has suggested that the scheme should be stopped during the peak agricultural season. Besides, "the...