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Rural purchasing power waning on inflation, rising input costs-Heena Khan

But non-farm income keeps economy afloat   New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...

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West Bengal sets 60 work days target for employment scheme

-The Hindu Business Line The West Bengal Government will aim to provide up to 60 days' job to beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) this year. West Bengal has performed better than other States in the country in terms of providing rural employment, the Chief Minister, Ms Mamata Banerjee, said addressing a rally in Lalgarh village in West Midnapore district on Tuesday. “In spite of starting from the...

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Thomas insists on giving grain as NREGS wage-Sandip Das

Notwithstanding apprehensions expressed by rural development minister Jairam Ramesh on the proposal of giving grain as part payment of wages under the National Rural Employment Guarantee Act, food minister KV Thomas  on Sunday continued to support the idea. Thomas said, “There is enough surplus grain to be given to poor families.” In a recent letter to the Jairam Ramesh, Thomas had made the proposal, which he said would also help ease...

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Political competition for the greater good?-Raghav Gaiha & Shylashri Shankar

MGNREGA can only succeed if politics is taken seriously in the design of accountability mechanisms Does political competition enhance a poor person’s access to anti-poverty initiatives such as the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA)? Just as some economists believe that competition is an effective way to improve management and productivity, in politics too, some hold that political competition is better than single-party monopoly, because it forces political parties...

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After NREGA, CAG to conduct audit of Indira Awas Yojna

-The Economic Times The rural development ministry has deepened its engagement with the Comptroller and Auditor-General. After the performance audit of NREGA, CAG will take up an audit of the Indira Awas Yojna. The audit of the Mahatma Gandhi National Rural Employment Guarantee Scheme which has an annual budget of 40,000 crore covers the period between 2007 and 2011. Rural development minister Jairam Rameshwill submit the report this winter session. "Every year, CAG...

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