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India’s Economy Recovering? MGNREGA Data Forces A Rethink.
The annual increase in demand for MGNREGA work in October was the highest since January 2016, official data shows.
27 Oct 2020, 03:15 PM IST
High-frequency indicators continue to signal a rebound in India's economic activity to near pre-pandemic levels. E-way bills and GST collections to electricity consumption suggest that activity levels have steadily improved.However, one indicator continues to run counter to that narrative—the increased demand for work under the government’s flagship rural jobs guarantee scheme. Demand for work remains much higher than last year and h...
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