-The Hindu Putting more money in the hands of rural households will stir up the economy The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. This opens up the prospect for an upward revision in the Wages paid out to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The current national average wage is just about...

-The Hindu Stimulus measure to link pay to consumer price index with annual revision. Staring at a slump in rural demand and a slowdown in the rural economy, the Centre plans to inject more money into the UPA’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking Wages under the Act to an updated inflation index, which will be revised annually. It hopes this will increase Wages, thus increasing...

-Livemint.com Public programs like MGNREGA are less successful in raising Wages in regions characterized by historical inequality, finds new study When it was launched in 2006, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was envisaged to boost rural economies by providing the rural poor with 100 days of guaranteed public employment and raising rural Wages. But its intended benefits may have eluded those who needed them the most, a new...

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

-The Hindu Business Line The apple season in Himachal Pradesh spells good earnings for workers from India and Nepal It is apple season in Himachal Pradesh — the time of the year when thousands of migrant labourers from Nepal, Bihar, Jharkhand, UP and Uttarakhand travel long distances to reach the apple belt of the State, hoping to earn hefty Wages. From plucking, loading, grading, labelling and packaging apples, these workers fan out, from...