-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

-Press release by NREGA Sangharsh Morcha dated 2 February, 2022 Notwithstanding the rural distress, implementing NREGA is a legal obligation of the Central government. However, the demand-driven nature of the Act has been repeatedly stifled in letter and spirit. By severe rationing of funds, it has been made a supply driven programme. Today is NREGA diwas and while we are supposed to be celebrating the idea of rural employment guarantee, we...

-Centre for Science and Environment India has one of the highest arable land areas in the world1 with a net sown area of 140.1 million hectares (ha).2 Agriculture and allied sectors employ 54.6 per cent of the total workforce in India (2019–20).3 The country successfully adopted the Green Revolution in the 1960s—an input and chemical-intensive agriculture model—to overcome food scarcity by use of high yield varieties, pesticides, fertilizers, and agriculture machinery...

-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...

-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil Due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...