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Demonetisation left RBI’s reputation in tatters. What could future policy makers learn from this? -TR Bhat

 -Scroll.in There must be consultation and greater co-ordination between the Reserve Bank as the regulator of money supply and the government as the sovereign. While the entire Indian economy was disrupted by the demonetisation exercise announced on November 8, 2016, removing high-value currency notes overnight, it simultaneously stirred a serious controversy on the role of Reserve Bank of India as the principal regulator of money supply in India. In understanding the controversial conduct...

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The long road to timely MGNREGA payments -Rajendran Narayanan and Anuradha De

-The Hindu There remain delays in the stage where the Central government transfers wages to the workers’ accounts There is a famous parable of the 13th-century mystic Mullah Nasruddin. He was once spotted under a street light searching frantically for a key that he had lost. A passer-by noticed the frazzled Nasruddin and stopped to help him. After both of them spent a long time searching for the key, the exasperated passer-by...

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Around 5 crore MGNREGA workers and their families will have to spend their Diwali without food & sweets due to pending wages

-Press release by Peoples' Action for Employment Guarantee dated 3rd November 2021 About 8 crore NREGA payments are pending as on November 3, 2021 according to Report 8.1.1 of the NREGA Management Information System (MIS). This means, for nearly 5 crore workers across the country this will be a Kali Diwali. Following the raging debate about NREGA funds running out with 5 months remaining, the People’s Action for Employment Guarantee (PAEG)...

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Misleading’ Statement Puts Centre’s Commitment Towards MGNREGA in Question -Ronak Chhabra

-Newsclick.in On Saturday, the Ministry of Rural Development denied that the rural jobs scheme was facing a shortage of funds. Its response, however, “leaves many questions unanswered,” according to civil society members. Activists have questioned the Centre’s response to media reports on the shortage of available funds for the rural employment guarantee scheme in the current financial year, by alleging that it is “misleading” and that it leaves many raised questions “unanswered.” Last...

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"Centre Has Time Until November 26, Else...": Farmer Leader's Warning -Saurabh Shukla

-NDTV.com Farmers Protest: Thousands of farmers have been protesting at the three border points since November 26 last year claiming that the three laws are against their interest.  New Delhi: Farmer leader Rakesh Tikait today warned the government that there would be an escalation of protest at the Delhi border if the government does not revoke the controversial farm laws by November 26. The Bharatiya Kisan Union (BKU) chief's new warning came...

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