-Down to Earth The time to put off the inevitable question about human relationship to nature is long past. Our assumption that we can control and modify nature without repercussions is a fallacy Lofty mountains that touch the azure skies, gentle hills clothed in dense tropical forests and evergreen valleys — the Western Ghats nurture a variety of ecosystems not found in any other part of the world. Spread over 164,280 square kilometres,...
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A 29% non-govt GDP fall is behind abysmal growth -Vivek Kaul
-Livemint.com The collapse of GDP growth by 23.9% for the Apr to Jun period isn’t a surprise. The economy was under a strict lockdown for most of the time to contain the pandemic. Nevertheless, a little digging throws up interesting trends. Mint takes a look. * What does the GDP figure highlight? One way to measure the GDP is to add private consumption expenditure, government consumption expenditure, investment and net exports (exports minus...
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
More »Core’s contraction: On slowing economy
-The Hindu As output and demand slow, India must retain twin focus on the pandemic and economy Output in the eight core industries suffered an overall contraction for a third straight month in May, shrinking 23.4%, as the pandemic-induced lockdown kept large parts of the economy shuttered, the Commerce Ministry’s provisional figures show. Of the eight, all but one posted declines in production compared with a year earlier, with six sectors witnessing...
More »Of UP govt’s 1.25 crore jobs, over 1 crore went to MGNREGA and MSME sectors -Maulshree Seth
-The Indian Express Nearly 5 lakh workers have been given employment under self-help groups (SHGs), which includes a large number of women workers. Lucknow: Of the 1.25 crore jobs allocated by the Uttar Pradesh government in a single day under different schemes and programmes, approximately 60 lakh jobs have been provided under the Rural Development Panchayati Raj Department, majority of which are under MGNREGA, and another nearly 50 lakh in MSME units...
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