-Newsclick.in Additional funds for MSMEs and MGNREGA are going to create enough Jobs, but the economy will remain in doldrums. There has been much mutual patting on the back and self-congratulation, after the Narendra Modi government announced two policy measures that could have a direct impact on job creation. These were: a special credit line of Rs.3 lakh crore for MSMEs (medium, small and micro enterprises) and an additional allocation of Rs.40,000...
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Mass lay-offs likely in automobile sector in the Millennium City -Ashok Kumar
-The Hindu Lockdown slump may erase 20-30 lakh Jobs, says expert Around 20-30 lakh workers, mostly contractual, could lose Jobs in the Gurugram-Manesar-Bawal automobile belt due to slump in demand in the wake of COVID-19-induced lockdown, said Harbhajan Singh, chairman of Ease of Doing Business, CII, Haryana. Speaking to The Hindu, Mr. Singh, also former director of Honda two-wheelers, said that the Gurugram-Manesar-Bawal automobile belt, which employs around six million workers and is...
More »The lockdown has highlighted stark inequalities -Zoya Hasan
-The Hindu Instead of embracing the welfare state path, the BJP government is encouraging greater privatisation The novel coronavirus is a global threat, but the pandemic has had an uneven impact across countries and within countries. Historically, social inequality has always been extreme in India. However, the lockdown has sharpened the edges of inequality even further, especially because of the way it has been implemented. Many countries have imposed lockdowns but not...
More »3.5 million new enrolments under MGNREGA, as ‘distressed’ workers return to villages -Chetan Chauhan
-Hindustan Times According to the Mahatma Gandhi National Rural Employment Guarantee Scheme website, around 3.5 million new job applications have come in the current financial year since April 1 till May 20. As many as 3.5 million new workers have sought Jobs under MGNREGA since April 1, the highest number of applications in a decade, but there may not be enough work to engage them all, according to government data and officials...
More »Centre expands social safety net programme -Elizabeth Roche
-Livemint.com * MGNREGS guarantees 100 days of work in a financial year to a rural household whose adult members volunteer for unskilled manual work * In 2019-20, which was considered a normal monsoon year without rural distress, 2.65 billion person days were created NEW DELHI: The Union government on Sunday injected an extra ₹40,000 crore into the national rural Jobs programme, extending a helping hand to millions of rural poor, as well as...
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