-Press Release by NREGA Sangharsh Morcha, dated 28 October, 2018 The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is meant to be demand-driven in the sense that work should be made available to anybody on demand for a maximum of 100 days per year per household. This implies that there cannot be arbitrary cap on the budgets. However, the programme has been made supply-driven and stifled due to -- (a) Insufficient...
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Is "Formalisation" possible? -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org In recent times, the clamour for formalising economic activity, or shrinking its unorganised component and expanding the organised, has been heard from diverse sources. There are those who want formalisation to occur because the unorganised sector is seen as being largely outside the direct and indirect tax net, depriving the government of much needed resources. Hence, for example, one feature seen as favouring the Goods and Services Tax regime is...
More »Maitreesh Ghatak, Professor of Economics at London School of Economics, interviewed by Tathagata Bhattacharya (National Herald)
-National Herald Maitreesh Ghatak, Professor of Economics at London School of Economics, in an interview to Tathagata Bhattacharya says the government has failed on many counts At the end of the day, it is growth and employment generation via new investment that is key to long-term economic progress. Various welfare schemes are a way of providing a social safety net to the poor in the short-run. It is performance along these two...
More »Why are rural wages crawling when farm GDP growth is galloping -Gaurav Choudhury
-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet. The...
More »Why clubbing employment and work in India is misleading -Jayati Ghosh
-Hindustan Times This lack of distinction explains the decline in women’s workforce participation rates. The decline reflects a shift from paid to unpaid work. New Delhi: One of the difficulties with discussions on employment in India is the tendency to conflate employment and work. But employment is only that part of work that is remunerated, and in India a vast amount of work is actually unpaid and often not even socially recognised....
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