-The Hindu Surveys, including the recently leaked one on consumer expenditure, point to the economy’s dire state How fast has India grown lately? And, what are the yardsticks on which the country’s performance is being measured? These have remained contentious questions. Following the last decade’s boom, the economy was slowing after 2011-2012, but apparently turned around under the National Democratic Alliance (NDA) regime. Until very recently, the government claimed the economic success...
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Dr. Surjit S Bhalla, economist and Executive Director for India on the board of International Monetary Fund (IMF), interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line “Join the Regional Comprehensive Economic Partnership (RCEP), but do not ignore your internal market and demand. Ninety per cent of our bad export story is domestic challenges, 10 per cent is external environment or external policy,” says Economist Surjit S Bhalla. Seventy-one-year old Bhalla has a tough task ahead — to make New Delhi’s voice louder at the international forums as he is set to take charge...
More »Sinking MGNREGA: Almost one-in-five households refused work this year -Subodh Varma
-Newsclick.in Till October 2019, over 2.5 crore applicant households were turned back when they sought work under the rural job guarantee scheme. It would have seemed natural – indeed, imperative – that, as India grapples with a deadly slowdown, with agricultural economy growing only at around 2% and rural joblessness hovering at a shocking 8%, the government would infuse some energy in the implementation of the rural jobs guarantee scheme (MGNREGA). This...
More »Where are the PDS beneficiaries? Rajasthan government is looking for answers -Rakesh Goswami
-Hindustan Times In last 12 months, 3 million people in Rajasthan haven’t turn up to claim ration from Fair Price Shops for two months in a row Jaipur: Rajasthan government is looking for answers. Its food department has begun an exercise to look for those people eligible for procuring food grains from fair price shops (FPSs) but have not turned up for two consecutive months. In last 12 months, around three million people...
More »3 states ask Centre to allow machines for NREGS work -Saubhadra Chatterji
-Hindustan Times Andhra Pradesh, Madhya Pradesh and Karnataka have written to Centre seeking a relaxation of the rule restricting employment to manual labour because large parts of these 3 states have rocky terrain. New Delhi: At least three states have asked the National Democratic Alliance (NDA) government to allow the use of machines in work done under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which is restricted to manual labour,...
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