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Nice To See NREGA Trending. But Urgent Fixes Needed. -Reetika Khera

-NDTV The "highest ever allocation" to NREGA (which also led to it trending on Twitter)  in the Union Budget has provided a useful opportunity to raise some pressing issues related to the implementation of the scheme. It is natural, and welcome, that the government turn to NREGA to provide much-needed relief to those whose already precarious lives have been disrupted by demonetization, a man-made economic disaster. Widespread reports of job losses...

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Rural employment scheme gets highest-ever funding

-The Hindu FM allocates Rs.48,000 crore for MGNREGA; says it will be brought under digital scrutiny The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), once described by Prime Minister Narendra Modi as a “living monument of the UPA’s failure,” got its highest ever allocation — Rs.48,000 crore — since its inception over a decade ago.   Finance Minister Arun Jaitley, however, indicated that the funds dispensed would come under increased digital scrutiny. “The...

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Despite note-ban, Rural Wages on a steady climb in Nov: Nomura

-PTI Mumbai: Defying the impact of the note-ban which has yanked down consumer sentiment, Rural Wages have been on a steady upward spiral, rising by 7.3 per cent in November, suggesting a likely release of pent-up demand after demonetisation, says a report. “Nominal rural agricultural wages rose to 7.3 per cent year-on-year in November, from 6.9 per cent in October, remaining well above the previous 12-month average of 4.8 per cent,” Japanese...

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Reward the cash-hit, says Sangh's labour arm

-PTI Pune: The Rashtriya Swayamsevak Sangh's labour arm has asked the Narendra Modi government to take note of the "immediate adverse side effects" of demonetisation while welcoming what it called a "rare" opportunity to help those less privileged. The Bharatiya Mazdoor Sangh also cautioned the government against pressuring people to go digital. "We take serious note of the immediate adverse side effects like defects in implementation, cash shortage, slowdown in market, job losses,...

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Time for a policy shift -Bishwanath Goldar & Arup Mitra

-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...

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