-The Business Standard The first agriculture survey, tabled in Parliament on Monday, called for more private participation to boost farm sector investments, rather than heavy doses of subsidies. “There is always a trade-off between allocating money through subsidies or by increasing investments. The investment option is much better than subsidies for sustaining long-term growth in agricultural production and also to reduce poverty faster,” said the survey, State of Indian Agriculture 2011-2012. It...
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India trades up, finds census by Asit Ranjan Mishra & Shuchi Bansal
The latest round of data on the 2011 Census shows that the country is exhibiting distinct signs of trading up as material living conditions improve for large sections of the population. Although this aggregate picture is not uniform across the country, analysts believe that the upward material mobility in society is creating the basis of a new consumer boom in the economy—serving up a perfect backdrop ahead of the presentation of...
More »MIHIR SHAH UNVEILS A BOLD NREGA-2
MGNREGA, which entitles millions of workers enrolled under it to at least Rs 100 a day for 100 days of work in a year, is undergoing an overhaul based on a set of recommendations of a committee headed by the Planning Commission member Mihir Shah. Encapsulated in The Mahatma Gandhi National Rural Employment Guarantee Act 2005 - Operational Guidelines 2012 in what is being called “MGNREGA 2.0”, the recommendations aim for...
More »Don't blame the implementers by Shubhasis Gangopadhyay
Corruption and government apathy may not be hurting MNREGS as much as well-intentioned tinkering There is growing concern that the Centre’s allocation for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) is dropping off. Correspondingly, the average number of days of work created in some of the states is dropping sharply. This decline in the spending of MNREGS money is not a one-off event but has been happening over the...
More »Expanded National Rural Employment Guarantee Act to arrest fall in appeal
-The Economic Times An expert group has recommended adding 30 agricultural and allied works under the Centre's flagship rural job guarantee scheme, in a revamp aimed at making the country's costliest social sector programme more effective. As part of the overhaul of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the panel has also suggested an electronic fund management system to ensure timely transfer of money to needy districts. The recommendations of...
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