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Economy in a shambles: PC

-The Telegraph New Delhi: The Congress on Monday asserted that boastful claims and sermons on the economy after the completion of four years of the Narendra Modi government were of little value as the lives of ordinary people had worsened because of reckless decisions and administrative incompetence at a time when the global economy was looking up. Former finance minister P. Chidambaram said at a news conference: "The RBI's Consumer Confidence Survey...

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Index NREGA Wages to rural inflation: Rural development ministry -Subodh Ghildiyal

-The Times of India NEW DELHI: In a bid to ensure higher returns for labourers in MGNREGA, the Union rural development ministry has again asked the finance ministry to index the Wages under the job guarantee scheme to Consumer Price Index (rural - CPI-R) in place of the current CPI (agricultural labourers - CPI-AL). The RD ministry has argued that CPI (R) better reflects the present consumption pattern among rural households unlike...

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85% Rural Work Wages Paid On Time: BJP. Claim Reflects Pay Orders Not Wages -IndiaSpend

-FactChecker.in/ IndiaSpend Team Mumbai: On completing four years in government, the Bharatiya Janata Party (BJP) released a slew of infographics based on what it offered as achievements. Two such claims relate to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), a 12-year-old rural make-work programme launched in 2006 by the previous United Progressive Alliance (UPA) government, led by the Congress party. The BJP–whose leader Prime Minister Narendra Modi once said the...

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Farm incomes, rural Wages and other things in between -Prosenjit Datta

-BusinessToday.in New Delhi: Prime Minister Narendra Modi is a great orator. He also makes grand announcements about ambitious targets, leaving hapless officials and others to work out the details. And sometimes, exactly what he meant while making that announcement is not very clear to the people tasked with working out strategies and policies to achieve that target. One example is his speech during the Kisan Rally in Bareilly, UP, on 28th February...

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Rural wage growth lowest in 3 years -Manas Chakravarty

-Livemint.com There isn’t any big base effect at work here, so the fall in wage growth is the result either of less demand for rural labour or more supply. Either way, it points to rural distress If economic growth is picking up, as all experts agree, why is growth in rural Wages faltering? The accompanying chart shows that growth in rural Wages for men, taken as the simple average wage rate for...

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