-PTI According to rural development ministry, there are no preconditions for getting employment under the scheme. New Delhi: The Centre is taking steps to ensure timely payment of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), out of which 85 per cent of wages have already been paid this fiscal, an official statement said. According to the statement released by the rural development ministry yesterday, there are no preconditions, including...
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Jharkhand's MGNREGA Workers Need a Lot More Than Political Slogans -Siraj Dutta
-TheWire.in Despite widespread violations of workers’ entitlements, the BJP government as well as the opposition have shown nothing but apathy. The BJP-led Jharkhand government has coined a new slogan, “Har haath ko kaam (Give every hand work)” to show its commitment on providing employment to people of the state. The slogan assumes special significance for Jharkhand, where the ratio of working age population migrating to other states was the highest in the...
More »Avoid the adventurous path -M Govinda Rao and C Rangarajan
-The Hindu Any aggressive attempt to widen the fiscal deficit will land India’s economy in problems The sharp deceleration in the growth of the economy as revealed by the first quarter estimate of GDP released a month ago has been widely commented upon. The policy prescriptions needed to reverse the trend depend on our understanding of the factors responsible for the slowdown. Among other things, one factor that stands out is the...
More »Jan Dhan accounts keep villagers sober, slow rural inflation: Study -Surojit Gupta
-The Times of India NEW DELHI: Village residents who opened bank accounts under the Prime Minister's Jan Dhan Yojana (PMJDY) may be saving more and cutting back on their consumption of alcohol and tobacco, a study by the economic research wing of the State Bank of India (SBI) suggests. This may have also slowed inflation in rural areas. When the PMJDY programme was launched there were fears that higher circulation of money...
More »From 'Job-less' to 'Job-loss' Economy: What is PM Modi Doing -Savera
-Newsclick.in The falling work participation rate shows that the economy is in deep crisis. Various other economic indicators show this as well. In a stark and chilling confirmation of what the whole country has known for some time, a govt. report shows that Indian workforce (those actually working) declined from about 54% of the working age population in 2011-12 to 51% in 2015-16. While the working age population increased by 2.9% per...
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