- Scroll.in The right to work has been suspended in the state as a result of a political battle over upcoming elections. People working under the Mahatma Gandhi National Rural Employment Guarantee Act in West Bengal have not been paid their wages for more than a year now with the Union government stopping the payment of funds. Bengal is the only state impacted by this stoppage, Scroll.in reports. MGNREGA is a national...
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MSME loan approval rates muted despite 2-fold increase in funding: Report -Anshika Kayastha
-The Hindu Business Line MSMEs face a credit gap of ₹25 lakh crore as formal lenders meet less than 15 per cent of the sector’s requirements Quarterly MSME loan Disbursements have increased over two-fold in the last two years, but the approval rate for medium-risk MSMEs has seen no improvement — a reflection of the lender’s low risk appetite, according to venture capital firm BLinC Invest. The increase in Disbursements has been made...
More »How Delhi's Construction Workers Were Failed by Their Government-Run Welfare Board -Himanshu Upadhyaya
-TheWire.in A recent CAG report paints a sobering picture of the Delhi Building and Other Construction Workers’ Welfare Board's performance. A recently tabled Comptroller and Auditor General (CAG) report has raised critical questions over the functioning of the Delhi Building and Other Construction Workers’ Welfare Board. Let’s start with the most startling revelation. According to the national auditor, the welfare board, which comes under the Delhi government’s labour department, spent a meagre Rs...
More »The curious case of Meghalaya’s COVID-19 relief package -Rakshita Swamy and Angela Rangad
-The Hindu Audits, transparency and citizen-centric accountability need to be a part of fund support and Disbursement Every COVID-19 wave in India has brought us face to face with the dire precarity of life and livelihood for India’s vast numbers of unorganised workers, and the inadequate response of the state and society to their plight. The latest global OXFAM inequality report highlights how India’s billionaires have grown dramatically in numbers and wealth,...
More »4.7L farmers miss PM Kisan Samman benefit -Swathi Vadlamudi
-The Hindu Study by Libtech India blames official apathy for improper bank account linkage HYDERABAD (Telangana): A total of 4.7 lakh farmers in Telangana have not received either part or full benefits under the PM Kisan Samman Nidhi scheme, a study by Libtech India, a research group, found. Under the scheme modelled after Rythu Bandhu scheme of the Telangana government, the Central government is transferring ₹6,000 annual benefit each to eligible farmers in three...
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