A report released by a Parliamentary standing committee has expressed concern over the reduction of funds for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The report by the Lok Sabha Standing Committee on Rural Development and Panchayati Raj released on 14 March, 2023 said that the Budget Estimates for MGNREGS has been reduced by Rs. 29,400 Crore for 2023-24 when compared to the Revised Estimates of 2022-23. The report said...
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CM Adityanath Claims ‘No Farmer Suicides in Last 6 Years In UP’, Data Show 398 Cases - Merin Mathew, Nidhi Jacob
Factchecker.in On March 6, 2023, Uttar Pradesh Chief Minister Yogi Adityanath claimed that no farmer had died by suicide in the last six years. But, 398 farmers and 731 farm labourers died by suicide between 2017 and 2021 in the state, official data show. “Sugarcane farmers in Uttar Pradesh were forced to burn their crops and attempt suicide but in the last six years, no farmer in Uttar Pradesh has died by...
More »Wheat procurement target at 34.15 million tonnes for 2023-24 - PTI/The Print
The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million tonnes purchased in the previous year. The target was fixed in the meeting of state food secretaries held alongside state food ministers’ conference here to discuss procurement arrangements. Out of the total wheat procurement target for the 2022-23 marketing year (April-March), Punjab will aim to procure 2.5 million...
More »Real Wages Declined for Rural Indians in 2022, a Year When the Economy Somewhat Recovered
The year 2022 was supposed to mark the recovery of the Indian economy from the Covid-19 pandemic and lockdowns of the preceding two years. However, the Russian invasion of Ukraine in February pushed up prices of food, fuel and fertilizer worldwide. In India consumer price inflation, which had declined to under 5 percent in the September-November period of 2021, has steadily increased, staying above 6 percent throughout 2022. What happened to rural incomes in 2022? An...
More »What if El Nino materialises in 2023? - Vinson Kurian
Hindu Businessline El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade winds weaken and warm water gets pushed back East of the Pacific, towards the West coast of the Americas. Generally, El Niño occurs more frequently than...
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