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Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha

-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

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NREGA Sangharsh Morcha demands a hike in MGNREGA Budget for FY 2022-23

-Press release by NREGA Sangharsh Morcha dated 30 January, 2022 The stress on the economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of survey conducted by People’s Research on...

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Reforms should make farming sustainable -Devinder Sharma

-The Tribune In India, there is a concerted campaign to discredit the arhtiya, building the case for bringing in agri-business companies. There is certainly a need to regulate the middlemen, but the American experience shows how the consolidation of the meat industry, leading to market concentration in the hands of a few companies, is making it difficult for livestock farmers to survive. WHILE Indian policy makers and economists haven’t drawn any lessons...

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GDP Numbers: What’s Wrong With How India Measures Manufacturing Output Data -Kaushal Shroff

-TheWire.in A claim of an 8.4% real GDP growth rate has little relevance even as rural India battles plummeting wage levels, depleted incomes and widespread unemployment. With the release of the GDP figures for the quarter ending September, the government machinery has been in full swing advancing the narrative that economic growth is indeed back on track. However, sorely missing from these narratives is the inconvenient factoid on the currently dismal state of...

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Tomato price rise: Farmers in Andhra say that is only part of the whole story -G Ram Mohan

-Down to Earth All-year demand, the pressures of cultivating tomato off season and changing climate are making life difficult for Chittoor’s farmers Tomato prices across the country have shot through the roof recently. The government has intervened to lower the prices. But for farmers in Andhra Pradesh’s Chittoor district, one of India’s major tomato-growing areas, the government’s action show its bias for urban consumers and its neglect for rural farmers who are...

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