The job guarantee scheme is set to provide food grain as part of wages.
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday directed officials to take strict action against illegal occupants of any land, be it government or private, without discrimination.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer
We need real laws to protect whistle-blowers, and even more than that real action should be taken against perpetrators, says Sandip Sukhtankar.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
The government has revised the wages for unskilled manual workers under the national rural employment guarantee scheme by indexing it to inflation, Rural Development Minister Vilasrao Deshmukh said.
'MGNREGA is definitely like a lifeline and is the employer of the last resort'
Watched by AICC general secretary Rahul Gandhi who is in the forefront to ensure that United Progressive Alliance's National Rural Employment Guarantee Act is a success, Rural Development Minister C P Joshi said, "Everywhere, including in Parliament, there are doubts in everybody's mind that the way in which NREGA should function, is not happening."
The opposition Bharatiya Janata Party on Friday came down heavily on the Congress government in Karnataka for flaunting their 'rich fortunes and luxury lifestyles' following a viral video on social media showing Chief Minister Siddaramaiah and his cabinet colleague B Z Zameer Ahmed Khan in a private jet.
Member of Parliament can now allocate funds from their local area development scheme kitty for rural employment guarantee programmes. The move that comes just ahead of Budget is aimed at providing the much-needed fiscal cushion to operate the UPA's most ambitious social security programme, the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA).
On October 1, Union Cabinet cleared the proposal of the rural development ministry for naming National Rural Employment Guarantee Act after Mahatma Gandhi.
As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.
The government on Friday renamed its flagship rural job guarantee programme - National Rural Employment Guarantee Act (NREGA) - after Mahatma Gandhi.
The government is committed to provide Rs 100 a day as wages under National Rural Employment Guarantee Scheme, said finance minister Pranab Mukherjee.
Senior Trinamool Congress leader Abhishek Banerjee on Friday said he will participate in the party's protest programme in New Delhi on October 3, a day after he was summoned by the Enforcement Directorate (ED) for questioning in connection with the school jobs scam in Kolkata on the same day.
Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.
Scheme faces pincer attack with a proposed higher proportion of expenditure on material, reducing the budget available to pay wages and focus on implementing it only in 2,500 blocks.
The government on Friday admitted certain flaws in its flagship rural employment programme like irregularities in payment of wages and said steps were being taken to set them right.
'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'
Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.
Trinamool Congress general secretary Abhishek Banerjee along with party leaders and workers sat on a dharna at the Rajghat in New Delhi on Mahatma Gandhi's birth anniversary on Monday demanding the release of funds for West Bengal by the Centre.
'Last Saturday, the largest number of people travelled by air on a single day!' 'There is a kind of hunger among consumers to spend as they have been confined to their homes and not spending for almost 2 years.'
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
The Bharatiya Janata Party on Thursday released its manifesto for the October 5 Haryana assembly polls, promising a monthly assistance of Rs 2,100 for women, two lakh government jobs for the youth and guaranteed government job for Agniveers hailing from the state.
Enclosing the money with a letter, the workers affiliated to the Gram Swaraj Mazdoor Sangh "expressed concern" at the "meagre" hike as they felt that the central government was facing "paucity of funds", otherwise the wages would have definitely increased in tune with Jharkhand's minimum daily wage which is Rs 212.
Sources in the Rural Development Ministry said the actual expenditure incurred in 2020-21 will be higher than the allocated funds and it will at least be at par with this year's total estimated expenditure of MGNREGS.
Finance Minister Nirmala Sitharaman's Budget proposals lay out a comprehensive road map for transforming India into a developed nation, focusing on key priorities that aim to generate ample opportunities for all citizens in "Viksit Bharat". It sets the stage for sustained economic growth, social development, and technological advancement.
Finance Minister Arun Jaitley said the actual spending under the scheme in the fiscal year ending March 31 "would be highest".
The Reserve Bank of India's (RBI's) State of the Economy report for October acknowledged a slowdown in some high-frequency indicators but expressed confidence in a recovery, aided by consumption demand during the festival season. "In India, aggregate demand is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up pace and consumer confidence improves," said the report released on Monday.
'The government should come back as a job creator as it did in the 1960s and the 1970s.'
The government's ambitious rural employment project MGNREGA has come under the scrutiny of the Supreme Court which today said money was not reaching real beneficiaries and in many cases going to wrong hands.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
Of these 8.5 million additional people employed in September, 6.5 million were in rural India, reveals Mahesh Vyas.
With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options, points out A K Bhattacharya.
The Indian Institute of Technology, Kharagpur, (IIT-KGP) has lined up four courses for rural development this year to facilitate skill development among the rural youth as well as create self-employment opportunities.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
