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Rural job guarantee scheme chokes as funds dry up -Subodh Varma

-The Times of India Over two crore households have been denied work under the fund-starved rural job guarantee scheme in the past eight months. This is a direct result of the deep cuts in funding of the scheme and various other changes initiated by the Modi government. With the employment situation still dire and the new government's long-term efforts to catalyze industrial growth still on the drawing board, the failure of...

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Creating 'Good Jobs': Assessing the Labour Market Regulation Debate -Radhika Kapoor

-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...

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Moderate inflation is a passing phase: Economists -Ishan Bakshi

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...

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In the greater scheme of things -Rohini Somanathan

-The Indian Express Recent announcements on possible changes to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and restrictions on its coverage are baffling and worrisome. The passing of the MGNREGA and the Right to Information Act heralded a new vision of citizenship and state responsibility. The former created a safety net for the rural poor. The latter gave taxpayers and voters an opportunity to bridge the gap between state...

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Why This Attack on MGNREGA?

-Economic and Political Weekly One knows who will suffer if the Narendra Modi government succeeds in weakening MGNREGA. The largest public employment programme the world has ever seen is in trouble. In 2013-14, 74 million individuals in 48 million households in rural India were employed under the Mahatma Gandhi National Rural Employment Guarantee Act programme (or MGNREGA as it is called), with each household on average finding work for 46 days. This...

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