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Economy Facing Stagflation: Need to Improve Supplies and Keep up Demand -Arun Kumar

-Newsclick.in The economy faces stagflation. The steps announced by the government are a start. More needs to be done to eliminate supply bottlenecks without curtailing demand. The Government, worried about the inflation rapidly inching up month after month, has finally become pro-active. The steps announced are designed to lower the prices of basics like diesel, steel, cement and plastics. Wholesale Price Index (‘WPI’) has risen at more than ten per cent for...

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Do MGNREGA wages need an upward revision? -Parvathi Benu

-The Hindu Business Line This year, the average wage was hiked by a mere 20 paise to Rs.209.05; workers across States say wages are insufficient to meet their needs The annual increase in the average MGNREGA wages has been quite uneven. While the wages increased between 8 to 10 per cent in FY13, FY14 and FY21, the increase was a mere 1.6 per cent in FY20. Annual increases in individual states have been...

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Amrit Kaal: Crushed Under Joblessness and Low wages -Subodh Varma

-Newsclick.in Work participation has steadily declined, unemployment is at 7% or more and median yearly income in 2020-21 was an abysmal Rs.1.7 lakh, as per CMIE. In the past five years, the economic slowdown, pandemic and its disastrous response and the Narendra Modi government’s indifference to the common people has led to a steadily worsening economic crisis. The government, perhaps buoyed by electoral successes, has given up on reviving the living condition...

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Civil society members are unhappy with the abysmal rise in notified wage rates for MGNREGA in FY 2022-23

-Joint Press Note released by NREGA Sangharsh Morcha network and People’s Action for Employment Guarantee (PAEG) dated March 31, 2022 The wage rates for NREGA workers for FY 2022-23 were notied on 28.03.2022. The notication of the wage rate has been extremely late, with only 3 days remaining for the beginning of the next nancial year. Such a delay prevents any discussion or debate regarding the wage rates or their adequacy....

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Corruption, pending payments mar implementation of rural schemes: Parliamentary panel

-The Hindu Genuine labourers not getting their dues while money keeps changing hands due to collusion of unscrupulous elements, says report Fake job cards, widespread corruption, late uploading of muster rolls, and huge pending payments for wages and materials are among the issues hampering the MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) scheme, apart from insufficient funding, according to a Parliamentary Standing Committee report submitted to the Lok Sabha today. The...

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