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A guide to flattening the curve of economic chaos -Jayati Ghosh

-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...

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India needs an urban replica of MGNREGA -Nitya Chutani

-Livemint.com As a part of the relief measures, while the PDS system could reach a vast majority of people both in rural and urban areas, the system has failed to identify the affected informally employed labour force in largely urban areas. This makes a case for introducing an urban replica of MGNREGA With laudable measures like the increased allocation in Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and the Pradhan Mantri...

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Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?

Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...

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Of UP govt’s 1.25 crore jobs, over 1 crore went to MGNREGA and MSME sectors -Maulshree Seth

-The Indian Express Nearly 5 lakh workers have been given employment under self-help groups (SHGs), which includes a large number of women workers. Lucknow: Of the 1.25 crore jobs allocated by the Uttar Pradesh government in a single day under different schemes and programmes, approximately 60 lakh jobs have been provided under the Rural Development Panchayati Raj Department, majority of which are under MGNREGA, and another nearly 50 lakh in MSME units...

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How To Enable MSMEs To Recover From The Lockdown -Shreehari Paliath

-IndiaSpend.com Bengaluru: In the aftermath of the COVID-19 epidemic and two months of stringent lockdown, India now faces the crises of unemployment and business closure, particularly in the micro, small and medium enterprise (MSMEs) sector. A new report by the Council on Energy, Environment and Water (CEEW) and the National Institute of Public Finance and Policy (NIPFP) has proposed that MSME recovery can be speeded along by: * Identifying micro, small and...

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