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Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

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Urban poor bearing the brunt of high inflation: Crisil

-The Hindu Rising fuel prices remain a festering pressure point for households The urban poor have been the worst-hit by the high inflation that has prevailed over the past one-and-a-half years, and the persistent uptick in fuel prices continues to pose a major threat for them, rating agency Crisil said in a note on Friday. While inflation shrinks purchasing power across the board, the impact on different income classes varies with their share...

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'No Means to Go to UP, Pay Lawyers': Sleepless Nights for Kin of J&K Students Held for Cheering Pak -Jehangir Ali

-TheWire.in In the dark about where their wards are jailed, family members of the three scholarship students, all from poor backgrounds, have pleaded with authorities to show lenience. Chadoora, Jammu and Kashmir: Forty-five-year-old Haneefa’s hands quiver as she begins speaking to journalists. Out of sorts and struggling with the weight of sudden tragedy, she pleads with the government. “He may have committed some mistake but I appeal to the government to please forgive...

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NREGA Tracker: Nearly 90 per cent of the allocated NREGA budget for 2021-22 has been used up, with 5 months of the programme still remaining

-GaonConnection.com The half-yearly MG-NREGA National tracker launched by PAEG today highlighted that 90 per cent of the allocated budget has been used up with 5 months of the programme still remaining and the remaining funds available can cover at most 13 days of employment per household till March 31, 2022. More details here. In her opening statement at the joint press conference conducted by Peoples’ Action for Employment Guarantee (PAEG) and LibTech...

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Almost 90% of total allocated funds for MGNREGA in 2021-22 have been utilised, shows tracker prepared by PAEG

-MGNREGA National Tracker (1 April-30 September 2021) by Peoples' Action for Employment Guarantee (PAEG), released on 29th October 2021 Highlights of the Tracker: • The total budget allocation for NREGA is 34 percent less than the revised budget for the previous year. • Remaining Funds Can Cover At Most 13 Days of Employment per Household till March 31, 2022. • Pending liabilities from previous years amount to 17,180 crores, 23.53 percent of the total...

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