-First MGNREGA tracker by Peoples' Action for Employment Guarantee (PAEG), released on 13th July, 2020 A note has been prepared by the Peoples' Action for Employment Guarantee (PAEG) that brings to you the latest developments, updates, and figures on the implementation of MGNREGA across the country till 9th July, 2020. Given the significant role that MGNREGA is playing in the lives and livelihoods of rural workers, PAEG intends to keep a...
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Strategy to spur the rural economy: Creating value and sustainable livelihood for migrants -GR Chintala
-Financial Express As part of the strategy to spur the rural economy, migrants should be encouraged to invest in the medium-term and long-term livelihood options. Roti, Kapda and Makan symbolise the essential requirements for a decent living with the absolute basic being food (roti). The question of lives and livelihood is inextricably linked to food. Perhaps, the most disruptive impact of the Covid-19 pandemic has been the forced return of migrants to...
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
More »Can MGNREGA be a tool for post-COVID-19 rural recovery -Shilp Verma
-Down to Earth Agriculture is the least-affected sector of the economy. It is poised to gain and lead economy’s revival process ‘Year of COVID-19’— this is how 2020 is probably going to be remembered. It has been more than six months that the novel coronavirus disease has been dominating public discourse, news cycles, internet searches and even geopolitics. As on July 8, 2020, India had more than 0.7 million cases. It was among...
More »Why India’s trade surplus is a warning signal -Parthapratim Pal and Partha Ray
-The Hindu Business Line Despite the lockdown, India’s trade balance in April and May turned positive. This has been achieved by a sharper decline in imports, pointing towards a contraction of demand in the real economy The RBI has released India’s balance of payments data for the fourth quarter (January-March) of 2019-20. It shows that during this quarter, India has managed a small current account surplus which is around 0.1 per cent...
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