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MGNREGA lesson for universal basic income: Once introduced, there's no going back -Aurodeep Nandi

-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., MEAsure of income inequity, India ranks a dismal 135 out of 187 countries. This MEAns that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...

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MNREGA Is Not Making India's Workforce Less Skilled - Here's Why -Naman Garg and Aarushi Kalra

-TheWire.in MNREGA acts as a safety net not only against extreme poverty but also against the exploitation of workers. The Mahatma Gandhi National Rural Employment Guarantee Act (MMNREGA) and its impact on the various aspects of the economy continues to be an active area of research. A piece by Sumit Agarwal, Shashwat Alok, Yakshup Chopra and Prasanna L. Tantri titled “Is MGMNREGA destroying factory jobs? Disquieting data shows it discourages skill development”...

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Framing the right prescription for health expenditure -Saachi Bhalla & Nachiket Mor

-The Hindu Strategic shifts are needed in the level of government control on the financing and provision of health India spends close to 5% of its GDP on health. While this may appear low when compared to 18% of the U.S., data show that Organisation for Economic Co-operation and Development (OECD) countries spend 8-11%, middle-income countries close to 6%, and India’s peers, the lower-middle-income countries 4.5%. By these MEAsures, India’s health-care spending,...

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Modi's Digital India dream souring? Value of digital transactions recedes -Abhishek Waghmare

-IndiaSpend This puts in peril the government's target to achieve 25 billion digital transactions in 2017-18 The value of digital transactions nationwide declined marginally (1.5%) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments released by the Reserve Bank of India (RBI). The data do not cover all transactions across all banks. But, card...

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The call for a large safety net -Somesh Jha

-The Hindu Social security cover for all, even informal workers, is an ambitious target for the Centre and stumbling blocks pave its path. The Union government on Thursday proposed an ambitious law to provide social security net to the 47.41 crore-strong workforce of the country. The proposed code on ‘Social Security and Welfare’ intends to make a drastic shift in the social security framework of the country from an employment-based approach to a...

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