-TheWire.in The increased allocation is welcome, but experts say the Government should also work to solve pending liability issues and other techno-bureaucratic problems that hold back its effectiveness. New Delhi: On Sunday, while announcing the fifth and final tranche of the Centre’s COVID-19 economic relief package, finance minister Nirmala Sitharaman announced that the Government will be allocating an additional Rs 40,000 crore under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). “It...
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Centre expands social safety net programme -Elizabeth Roche
-Livemint.com * MGNREGS guarantees 100 days of work in a financial year to a rural household whose adult members volunteer for unskilled manual work * In 2019-20, which was considered a normal monsoon year without rural distress, 2.65 billion person days were created NEW DELHI: The Union Government on Sunday injected an extra ₹40,000 crore into the national rural jobs programme, extending a helping hand to millions of rural poor, as well as...
More »Modi's 'Stimulus Package' is a Gigantic Confidence Trick Played on the People of India -Prem Shankar Jha
-TheWire.in Eighty per cent or more of the demand in the economy has vanished thanks to the lockdown he hastily announced, with no warning or preparation. The only way out is to pump money in to revive demand. In a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi’s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it ‘entertainment’. Yadav...
More »Why India’s migrants deserve a better deal -Priya Deshingkar
-Livemint.com * Roughly 100 million migrant workers are directly responsible for 10% of the GDP. Why are they still so invisible? * There has been an unwillingness to collect better data on circular migrants and understand how they affect the economy. This is shocking for a country that runs on migrant labour BRIGHTON/ LONDON: Images of stranded migrants and their long arduous journeys back home will remain seared in our collective memories of...
More »Will farmers get a better deal after recent reforms? -Roshan Kishore
-Hindustan Times India has moved from a food-scarce economy to a net exporter of food. However, food production does not guarantee food security. Affordability is what matters. New Delhi: The Government has announced major agricultural policy changes as part of the economic package it has unveiled in the wake of the Covid-19 pandemic. These include deregulation of farm foods from the Essential Commodities Act (ECA). Farmers have also been allowed to sell...
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