-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
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MNREGA Is Not Making India's Workforce Less Skilled - Here's Why -Naman Garg and Aarushi Kalra
-TheWire.in MNREGA acts as a safety net not only against extreme poverty but also against the exploitation of workers. The Mahatma Gandhi National Rural Employment Guarantee Act (MMNREGA) and its impact on the various aspects of the economy continues to be an active area of research. A piece by Sumit Agarwal, Shashwat Alok, Yakshup Chopra and Prasanna L. Tantri titled “Is MGMNREGA destroying factory jobs? Disquieting data shows it discourages skill development”...
More »Tamil Nadu scales down foodgrains target
-The Times of India CHENNAI: Failure of monsoon and farmers' distress have forced the state government to scale down the target for foodgrains production for the next financial year to 100 lakh tonnes, a 32% fall from the initial target set for the current financial year. Announcing this while presenting the budget, finance minister D Jayakumar said a slew of measures was being taken to overcome the water shortage. Considering that...
More »Economic Reforms and Agricultural Growth in India -Shantanu De Roy
-Economic and Political Weekly Shantanu De Roy (shantanudr2004@gmail.com) teaches at the Department of Policy Studies, TERI University, New Delhi. It was argued that economic liberalisation would ensure a favourable shift in the terms of trade for agriculture in India, enabling producers to plough back surplus from cultivation to make long-term improvements on land, and raise agricultural Productivity and growth rate. Contrary to expectations, there was no noticeable improvement in the terms of...
More »Worst drought in 15 years hits Kerala, planters eyeing irreparable damage to crops
-The Financial Express Kochi: Drought and high temperatures in the plantation regions of Kerala are likely to cause irreparable damage to the crops. Association of Planters of Kerala reports that the plantation sector is facing one of the worst drought conditions in last 115 years and crop production had reduced by 30% in tea, 14% in rubber, 60% in cardamom and 40% in coffee. Most of the agri-commodities are highly monsoon sensitive...
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