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With Demand for MGNREGA Work Increasing in Sept 2022, Activists Warn About Rural Distress -Ronak Chhabra

-Newsclick.in As per the data, the September demand – which was 16.7 million under the household segment and 20.2 million when it comes to individuals – remained higher than the pre-COVID levels, even as the figures for the same month are lower than last year. New Delhi: The marginal increase in demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in September points towards a “much greater level...

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The future of farmer producer companies could be brightened -Vijay Avinandan, Manmeet Kaur and Anuradha Saigal,

-Livemint.com Tackle deficiencies of capital mobilization, access to state provisions and women’s participation to boost FPCs across India. In 2017, the Indian government reaffirmed its commitment to reduce Rural Distress among nearly 93 million farming households through efforts to double farmers’ income. What has been remarkable is the emergence of farmer producer companies (FPCs) as a viable way of supporting this approach. The last two years have been tumultuous. Pro-market legislation introduced in...

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Quality of work matters, and not just job creation

Contrary to the rising economic distress on the ground since the last few years, the official press release related to the fourth Annual Report on the Periodic Labour Force Survey (PLFS) at first glance seems to give a rosy picture about the employment situation in India.  Defined as the percentage of persons unemployed among the persons in the labour force, the unemployment rate in usual status (principal activity status + subsidiary economic activity status)...

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Apply for Rural Media Fellowship 2022: An opportunity for young scribes, last date to apply -- 2nd Oct. 2022

-Press release by Village Square Youth Hub dated 5th September 2022  The Rural Media Fellowship 2022 is for young journalists to tell the powerful stories of rural India. The 9 months fellowship will include a monthly stipend of Rs 35,000 along with training from leading sector-experts. An opportunity for young passionate journalists to leverage storytelling as a tool for social change Mentorship from Industry Experts, Stipend Included Village Square Youth Hub is launching a...

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Public sector banks have ensured financial inclusion, finds a new empirical study

Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...

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