-The Indian Express As per Data being examined by the committee, the minimum wages paid to agricultural workers are significantly higher than MGNREGA wages in Karnataka, Punjab, Jharkhand, Uttarakhand, West Bengal, Mizoram, and Andaman and the Nicobar Islands. THE COMMITTEE for revision of wages paid under the Mahatma Gandhi National Rural Employment Generation Act (MGNREGA) has found that minimum agricultural wages are higher than MGNREGA wages in 15 states. An upward revision...
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Why 'one nation, one MSP' is not working -Rajalakshmi Nirmal
-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
More »Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »A cow bill trumps defence -Anita Joshua
-The Telegraph New Delhi: Amid cow vigilantism, a professor of economics specialising in agrarian issues today wondered aloud whether those demanding a nationwide ban on cow slaughter had thought about its fallout, more so as a beginning had been made with the restrictions on the sale of animals for slaughter at cattle markets. A calculation by professor Vikas Rawal of the Centre for Economic Studies and Planning at Jawaharlal Nehru University's School...
More »NCRB plans to create database on lynchings -Deeptiman Tiwary
-The Indian Express At present no centralised Data is available on lynchings, which have been reported in cases of theft, witchcraft, and recently over child theft and cow-protection. The National Crime Records Bureau (NCRB), that tabulates and analyses crime Data from across the country every year, is planning to now collect detailed Data on lynchings as well. If this is approved by the Union Home Ministry, the NCRB will collect country-wide...
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