-Livemint.com The April-July period typically sees 25% greater work execution (in terms of person-days) under the scheme compared with the rest of the fiscal, thereby aiding rural income, the Crisil report said The average income per person per month under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) doubled to ₹1,000 in the first four months of this fiscal from ₹509 in the previous year, ratings and research agency Crisil said...
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The silver lining in India’s export performance -howindialives
-Livemint.com/ howindialives.com The recovery of India’s foreign trade from the pandemic is patchy. But it’s better in exports than in imports On 15 Aug, standing on the Red Fort ramparts, Prime Minister Narendra Modi reiterated his Government’s economic vision of self-sufficiency, adding that India would aim to become the supplier to the world. A day earlier, India had reported its latest trade numbers, and for the second successive month, India’s goods exports...
More »Reimagining India’s welfare toolkit -Yamini Aiyar
-Hindustan Times Universalise PDS, make it demand-driven; give more funds to states; and ramp up MGNREGS I pen this column with a depressing sense of deja vu. Back in late March as India went into lockdown, I wrote in these pages of the urgent need for the State to change the rules of the game, avoid red tape, improve Centre-state coordination and adapt agile administrative processes as it sought to provide relief...
More »For the first time, farm sector set to grow even as GDP sees a contraction -Harish Damodaran
-The Indian Express The country’s GDP registered an annual decline, at minus 5.2%, last in 1979-80. But that year also recorded negative growth for agricultural GDP, at minus 12.8%. April-June may be the first time that India’s economy would contract year-on-year since the Government started coming out with quarterly estimates of GDP from 1996-97. But the data for the quarter, to be released by the National Statistical Office on August 31, could...
More »More evidence of India’s food insecurity -Vaishali Bansal
-The Hindu The SOFI report and lockdown distress have renewed focus on what is also the world’s largest food insecure population Data from the latest edition of the State of Food Security and Nutrition in the World (SOFI) report show that India retains the dubious distinction of being the country with the largest population of food insecure people. Estimates presented in the report which was released by several United Nations organisations show...
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