-The Hindu Several myths persist about job creation, which can misguide policymaking Jobs are rarely far from the minds of citizenry. Politicians woke up to this fact in the run-up to the Bihar Assembly elections. It is for the first time that unemployment has become a big issue in an election. This is not surprising. Rising unemployment The economy had been slowing for nine quarters prior to the COVID-19 outbreak. Before the 2019 Lok...
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AP sees major rise in MGNREGA work amid pandemic, Rs 10.52 crore wages pending -Jahnavi Reddy
-TheNewsMinute.com More than 3 lakh families have already completed the 100 guaranteed workdays under the scheme, according to a report based on data from April to September. More than 3.3 lakh new job cards have been issued this year in Andhra Pradesh under the Mahatma Gandhi National Rural Employment Guarantee Act scheme (MGNREGA), a recent report has revealed. The report, which looks at the implementation of the MGNREGA scheme during the six-month...
More »Do recent indicators hint at a real economic revival? -Vikas Dhoot
-The Hindu After India’s economy collapsed in the first quarter of 2020-21 following the nationwide lockdown imposed to curb the COVID-19 pandemic, some economic indicators from September and October, from power consumption to GST collections, suggest that things are improving. But is this a sustainable recovery under way, or just an expression of pent-up demand combined with India’s festive-season spending? In a conversation moderated by Vikas Dhoot, Naushad Forbes and M....
More »Labour Hours Lost during the Pandemic -Prabhat Patnaik
-NetworkIdeas.org The International Labour Organization (ILO) has for some months been bringing out a report that monitors the impact of the pandemic on the world economy, especially the labour-hours lost because of the lockdown and their ramifications. The statistics it provides are not compilations of official data from different countries; they are based on the ILO’s own estimates made with whatever information is available from these countries. One cannot say how...
More »Lockdown Woes: How Successful Have the Centre's Efforts to Boost NREGA Been? -Debmalya Nandy
-TheWire.in Despite a welcome increase in budgetary allocation, it's less clear if the programme was able to truly serve the massive rural demand that was sparked by the lockdown. The finance ministry announced an additional allocation of Rs 40,000 crore in May 2020 to boost India’s rural job programme. It was announced that the supplementary allocation will be over and above the Rs 61,500 crore that was the budgeted estimate for the...
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