The editorial, Not a wealth of information (Our Take, March 19), was a correct description of what WikiLeaks has revealed about how India's foreign affairs and political establishments work. However, one sentence needs to be commented on, and that is its recommendation for setting up "a commission to look into the idea of public funding of political campaigns". This reveals how short our public memory is. Three learned groups have laboured...
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Experts warn Africa must learn from India's microfinance problems by Teo Kermeliotis
It has been lauded as one of the most promising ways of using the market to reduce poverty and boost economies in some of the world's most deprived areas. But in recent months the work of microfinance institutions (MFIs), which provide small loans to poor people with no access to traditional banking services, has come under scrutiny after a spate of suicides in the Indian province of Andhra Pradesh was linked...
More »Holes in Meghalaya job scheme
The annual report (2009-2010) of the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGS), which was tabled in the state Assembly on Friday, stated that individuals benefited from arecanut plantations in Meghalaya after availing the scheme. “Most of the village employment councils have taken up arecanut plantation projects. However, there are rare cases of arecanut plantations on community land and are mostly carried out on individual lands,” said the social audit,...
More »Jairam unhappy with forest scheme implementation
The Union Environment Ministry plans to review its compensatory afforestation scheme next month, with Minister Jairam Ramesh saying he is “horrified” by reports on the implementation of the scheme in some States. The Compensatory Afforestation Fund Management and Planning Authority, better known as CAMPA, has over Rs. 11,000 crore, including accrued interest. The Money, which had been lying in CAMPA's bank accounts since 2002, was finally released for partial distribution to...
More »New MGNREGA social audit norms to make them independent by Anindo Dey
The social audit of schemes under the Mahatma Gandhi National Rural Employment Gurantee Act (MGNREGA) now permits the involvement of outsiders in the process as facilitators. A new set of rules framed by the ministry of rural development for such audits has been approved. Christened Mahatma Gandhi National Rural Employment Gurantee Audits of Schemes Rules 2011, the rules ensure the audit process is independent of agencies implementing the scheme and the...
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