MGNREGA is certainly a good idea. But it can’t be allowed to play havoc with farming operations by weaning away labourers during peak season RURAL DEVELOPMENT Minister Jairam Ramesh recently rubbished the need for freezing the flagship rural job scheme MGNREGA during peak agricultural season. Dismissing the possibility, Ramesh had said: “The matter has been examined by the Mihir Shah Committee and rejected.” Knowing that Mihir Shah’s entry into Planning Commission...

The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. The Budget is highly regressive in both taxation and spending terms and will raise prices of essentials, so aam aurat and...

-The Business Standard Searching for independent assessments of govt work The rural development ministry recently proposed “independent, real-time evaluation” of the government’s flagship social welfare and development programmes, a suggestion that deserves attention not just for its pros, but also for its cons. It is true that given the explosive growth in social sector spending, effective monitoring and evaluation are ever more important. The constant hum of charges that extra money is...

-The Business Standard In Budget, reformers win, NAC loses The consensus opinion that has developed about the 2012-13 Budget presented by Finance Minister Pranab Mukherjee on Friday is that it was unambitious, especially in terms of reworking government spending. It delivered little in terms of a vision for reform, the argument goes, constrained as it was by the spending-hungry allies in the United Progressive Alliance (UPA) and the entitlement-hooked Congress leadership. A...

In this year's budget, Union Finance Minister Pranab Mukherjee has essentially tried to consolidate the gains from the initiatives he had launched during the previous two budgets. Thus, in agriculture there is no new initiative except increasing the target for agricultural credit to Rs.5,75,000 crore during 2012-13. This represents an increase of over Rs.1,00,000 crore from last year. The interest rate of four per cent recommended by the National Commission...