Total Matching Records found : 33

Retail inflation for farm workers, rural labourers eases marginally in Aug

-PTI/ The Hindu Business Line Retail inflation for farm workers and rural labourers cooled down to 6.32 per cent and 6.28 per cent, respectively, in August compared to the year ago period mainly due to the softening of prices of some food items. Point-to-point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labourers) and CPI-RL (Consumer Price Index-Rural Labourers) was 6.39 per cent and 6.23 per cent respectively in August...

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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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Govt awaits Labour ministry's verdict on modifying consumer price indices

-PTI On a supplementary question on when outstanding dues to Andhra Pradesh will be released, Tomar gave an assurance that no pendency of dues relating to Andhra Pradesh would remain with his ministry. The government is awaiting the Labour ministry's decision on modifying consumer price indices before linking MGNREGA wages to inflation, Rajya Sabha was informed on Friday. Replying to supplementary questions during Question Hour in the Upper House on linking of wages...

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The minimum wage solution -Rajendran Narayanan & Sakina Dhorajiwala

-The Hindu While indexation of the NREGA wages is critical, lifting them to the minimum wage would help workers and the economy The government made two recent announcements at two ends of the spectrum to mitigate the economic crisis. One concerns a new indexation of NREGA wages meant to increase rural incomes. The second is a reduction in corporate tax rate. Prices of commodities increase each year, so it’s important to accurately estimate...

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A rural stimulus: On MGNREGA wage hike

-The Hindu Putting more money in the hands of rural households will stir up the economy The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. This opens up the prospect for an upward revision in the wages paid out to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The current national average wage is just about...

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