The number of people demanding work every month on average under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) increased to a four-month high of 25.73 million in December, according to the latest data from the government.
This is despite a recovery in rural consumption during the first two quarters of the ongoing fiscal, driven by improved rainfall and the Centre's reliance on higher rural spending to offset declining urban consumption. Besides, the government aims to boost growth during the current fiscal year, which slowed to 5.4% in Q2 FY25, through higher state-backed capital expenditure.
Esta historia es de la edición January 01, 2025 de Mint Kolkata.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 01, 2025 de Mint Kolkata.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
The Perks of Reflection and Daily Me-Time
Introspection helps one think more clearly, says Spinny CEO Niraj Singh
Hiring Is Just The First Step Towards Inclusion
Persons with disabilities and those from marginalized groups need mentors and a supportive environment to grow in their careers
It's Your Touch That Will Push an AI Co-worker to Do Better
AI agents help break down silos and improve decision-making and collaboration, but it's people who can leverage their benefits
The Digital Data Protection rules have hits and misses
Some provisions can set a global example for age-gating but others would overburden data fiduciaries
Budget: It must aim to engineer India's economic transformation
The target of Viksit Bharat by 2047 requires the budget to balance immediate challenges with long-term development goals
The 'Asian Aunty' is smashing ageist and gender stereotypes
'Aunty' leaders are tackling a widely normalized form of 'othering'
Public debt: Do not let it eclipse the fiscal deficit
The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator
Get public-private partnerships right for target-oriented growth
The UK's new government should engage the private sector with deals that achieve public objectives
Longevity Is Usually A Reward For Being Unspectacular
Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields
How To Use Home Loan Interest As Acquisition Cost
With reasonable housing loan interest rates, many taxpayers use loans for residential property purchases.
