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Agriculture as solution -Harish Damodaran

-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price Inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail Inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...

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Civil society demands for increase in budgetary allocation under MGNREGA to clear pending wages

-Press release by NREGA Sangharsh Morcha dated 31st January, 2020 Rural distress has risen to alarming levels. As per the Periodic Labour Force Survey (PLFS) of 2017-18, rural unemployment stands at 8 percent (statement 30 in Section 3.7, PLFS). In conjunction with skyrocketing food Inflation levels, this is a serious concern. The situation is much worse for the landless depending on casual manual labour who constitute more than half the rural...

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Civil society presses for an increase in budgetary allocation for MGNREGA in FY 2020-21

-Press release by NREGA Sangharsh Morcha dated 27 January, 2020 As the Indian economy continues to languish, the government ignores the advice given by several noted economists, including that of the most recent Nobel winner Abhijit Banerjee, to improve the functioning of the National Rural Employment Guarantee Act (NREGA). The economy is facing blow after blow. India has the highest rates of unemployment in the past 45 years and food Inflation...

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Ex-Chief Statistician Pronab Sen: For data credibility, need to fix calendar for its release -Aanchal Magazine & Anil Sasi

-The Indian Express As of now, the government does have a calender for release of data sets such as national accounts, Index of Industrial Production and Inflation. But there are no specific timeline for release of labour force statistics and consumption expenditure surveys. Putting in place a release calendar for all official economic data sets and ensuring their timely release is key to restoring the credibility of India’s statistics, according to Pronab...

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Is MGNREGS the answer to the rural slowdown? -Sneha Alexander & Nikita Kwatra

-Livemint.com MGNREGS could alleviate rural distress but, in its current form, its overall impact on the rural economy is limited in scope With rural distress deepening across India and private consumption growing anaemically, calls for ramping up the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), are growing louder ahead of the upcoming budget. Proponents of MGNREGS believe that it may be the only ammunition in the government’s arsenal to fight rural...

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