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Social security for faster growth - The Hindu BusinessLine

Social security for faster growth
Helping hand There is an urgent need to extend MNREGA to urban workers - Thulasi Kakkat
Helping hand There is an urgent need to extend MNREGA to urban workers - Thulasi Kakkat×
Providing social security to unorganised sector workers will be key to India becoming a global manufacturing hub
The Directive Principles of State Policy in the Constitution envisaged the creation of a social welfare state as resources became available. In post war Europe, the evolution of the social welfare state was reaching completion and this would have shaped the thinking in the Constituent Assembly. The working class movement gained in strength with industrialisation in Europe in the early twentieth century and the provision of social safety was a major goal.

Germany , Japan , India , Ayushman-bharat , Skill-mission , Directive-principles , State-policy , Chancellor-bismarck , Food-security-act , Social-security-code , Income-tax , Distinguished-fellow

Fiscal support measures to stay to ensure growth: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said the government is not in a hurry to narrow the fiscal deficit and will be careful while charting Indias fiscal path so that growth is not hit.

India , New-delhi , Delhi , Nirmala-sitharaman , Finance-minister-nirmala-sitharaman , Rajya-sabha , Strong-stimulus , Saubhagya-yojana , Rural-electrification , Pm-kisan , Mnrega

Highest Ever Spending of Rs 90,500 Cr Under Rural Employment Scheme MNREGA During FY21: FM

Finance Minister Nirmala Sitharman on Friday said Prime Minister Narendra Modi-led NDA government has removed all ills from the rural-employment guarantee scheme MNREGA and spent highest ever about Rs 90,500 crore so far this fiscal.

Rajya-sabha , Finance-minister-nirmala-sitharman , Prime-minister-narendra-modi-led , Bjp , Finance-minister , Mnrega , Nirmala-sitharaman , Rural-employment , ராஜ்யா-சபா , ப்ரைம்-அமைச்சர்-நரேந்திர-மோடி-வழிநடத்தியது , ப்ஜ்ப்

Did MNREGA Cushion Job Losses During the COVID-19 Crisis?

Did MNREGA Cushion Job Losses During the COVID-19 Crisis?
Analysis suggests that districts that have historically exhibited high state capacity to utilise MNREGA funds have been better able to use the additional funds for employment recovery last year â especially for women.
Women at a MNREGA work site. Photo: UN Women Asia and Pacific/Flickr CC BY NC ND 2.0
Rights11/Feb/2021
Data from the Centre for Monitoring Indian Economy (CMIE)âs Consumer Pyramids Household Survey (CPHS) show that employment fell precipitously during the nationwide COVID-19 lockdown, especially in April and May 2020. It exhibited a V-shaped recovery in June-July, when mobility restrictions were eased, but tapered off thereafter and has remained below the pre-pandemic level since the economy was opened up further from August onwards. A key measure that the government undertook to pump up employment was increased allocation for the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA).

Beawar , Rajasthan , India , Centre-for-monitoring-indian-economy , Mahatma-gandhi-national-rural-employment-guarantee-act , Consumer-pyramids-household-survey , Monitoring-indian-economy , Aggregate-demand , Agriculture- , Budget , Child-care

A Bonanza for Corporates

And a trickle-down approach to reinstating livelihoods will mean a K-shaped recovery.

Mahatma , Rajasthan , India , National-monetisation-pipeline , Mahatma-gandhi-national-rural-employment , National-democratic-alliance , One-nation-ration-card , Pradhan-mantri-awas-yojana , Bugdet-2021 , Budget , Union-budget

India needs more 'productive' jobs and higher wages to address its demand problem

India needs more ‘productive’ jobs and higher wages to address its demand problem
Radhicka KapoorJan 29, 2021, 13:13 IST
Job creation will not just help solve widening inequalities but also help the Indian economy address the problem of weak domestic demand.
A big part of this is in creating better paying employment for those at the bottom of the pyramid who are engaged in low paid informal work arrangements.
This can be done by boosting
MNREGA allocation, creating productive job opportunities in the manufacturing sector by leveraging the PLI scheme and providing support to micro and small enterprises.It is now abundantly clear that a disproportionate burden of the COVID-19 shock has been borne by those at the lower end of the income distribution. Especially for those engaged in informal work arrangements.

Patna , Bihar , India , Atmanirbhar-bharat , National-rural-employment-guarantee-act , Rural-wages , Productive-jobs-india , Mnrega , Mgnrega , India-wage , India-jobs , India-job-creation

Union Budget 2021: Timely dissemination of vaccine, easy financial conditions may trigger growth in economy

With the near-term math upended by the pandemic, a realistic roadmap would be a timely guidepost to aid the Centre and states formulate their deficit and debt targets over the next 3-5 years.

India , Development-finance-institution , Medium-enterprises , Bank-investment-company , National-infrastructure-pipeline , National-infrastructure , Finance-bill , Covid-19 , Fiscal-deficit , Mnrega , Msme

Budget 2021: MNREGA Is Vital But Needs More Govt Attention

Budget 2021: MNREGA is vital but needs more govt attention
Budget 2021: The government was forced to not just continue with MNREGA, but also increase the budgetary allocation under it in the pandemic year. The scheme is now counting on the upcoming budget for more money.
January 20, 2021 / 12:37 PM IST
In a year of unprecedented challenges due to Covid19 and subsequent loss of livelihood for the rural poor, the UPA-era rural job guarantee scheme has been a life-saver. The Mahatma Gandhi National Rural Employment Guarantee (MNREGA) scheme has seen a record number of households as well as individuals demanding work in 2020-21. Until the morning of January 19, nearly 76.7 million households and more than 118 million people had demanded work under the scheme. This means nearly 20 million more households and 27 million more people demanding work under the scheme compared to the full year 2019-20.

India , Telangana , Andhra-pradesh , Odisha , Orissa , Kerala , Haryana , Narendra-modi , Rozgar-yojana , Rajendran-narayanan , Professor-at-azim-premji-university , Mahatma-gandhi-national-rural-employment-guarantee

Why public employment is crucial for a healthy, equitable society

Why public employment is crucial for a healthy, equitable society
Greater public employment ensures better deliver of public services to citizens.
A municipal worker sprays disinfectants outside the Central Reserve Police Force building in Delhi.
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PTI
This is an excerpt from the sixth edition of the India Exclusion Report, a collaborative effort involving institutions and individuals working with a shared notion of social and economic equity, justice and rights. The report seeks to inform public opinion around exclusion and the role of the state and to influence policy-making towards creating a more inclusive, equitable and just society. The annual publication is anchored by the Centre for Equity Studies and edited by its director, Harsh Mander.

China , Norway , Ahmedabad , Gujarat , India , Gandhinagar , Mahatma , Rajasthan , Brazil , Sam-panthaky , Harsh-mander , Child-development-scheme