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Farm distress looms as global crop prices crash after 10-year bull run -Harish Damodaran

-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...

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Dangerous withdrawal -Prabhat Patnaik

-The Telegraph The National Democratic Alliance government is planning to scrap the Mahatma Gandhi National Rural Employment Guarantee Act. The chief minister of Rajasthan, Vasundhara Raje, had already asked for the employment programme of the MGNREGA under which the state was obliged to provide employment on demand (failing which an unemployment allowance of a specified amount had to be paid), to be downgraded to a mere "food-for-work" programme, where the state...

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MGNREGA impact on food inflation is very limited, says RBI study -Jitendra

-Down to Earth There are other factors for food price inflation, says the study commissioned in the wake of persistent double digit food price inflation between 2012-13 The rural job scheme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which guarantees 100 days of unskilled job to rural households in a year, has been blamed by a number of economists for food price inflation. But a new study by the Reserve Bank...

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High Rural Wages Have no Bearing on Inflation -Gayathri Nayak

-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...

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Move to dilute MGNREGA: From Right to Scheme

Documents availed through RTI reveals that the Rural Development minister Shri Nitin Gadkari has ordered to bring drastic changes in the schedule of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which includes changing the labour to material ratio and restricting the implementation of MGNREGA in 1/3rd of backward blocks in India (please click here to access a note on labour-material ratio prepared by People's Action for Employment Guarantee-PAEG). The MoRD has notified the...

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