-ABPLive.in New Delhi: A host of activists and academics have appealed to Narendra Modi to nip any move to dilute the 100-day village job scheme after rural development minister Nitin Gadkari brushed aside objections from within his own ministry. In a letter signed by over a hundred citizens, the signatories that included Aruna Roy, Nikhil Dey, Jean Dreze, Harsh Mander, Prabhat Patnaik and abhijit sen sought the Prime Minister's "immediate assurance" that...
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Tweaking MGNREGA to cost 5 crore jobs -Iftikhar Gilani
-DNA Now only 51% funds meant for the job scheme will be spent on employment, while the rest will be spent on purchasing material Incorporating major changes in UPA government's flagship scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) quietly, the NDA government has converted it to an asset-driven programme rather than just generating jobs, which according to the officials in rural development ministry is going to affect 5 crore...
More »Only 12% deficit in monsoon rainfall: Why is the picture of rural economy still uncertain? -Jayashree Bhosale & Avinash Celestine
-The Economic Times Dinkar Patil, a farmer from Buldhana district in Vidarbha, Maharashtra, normally cultivates cotton on his 13-acre farm land. This year, however, he has skipped the cotton crop and opted for soyabean and tur dal. "The rainfall started late. I did not cultivate cotton because of the delayed rains and the huge increase in cost of cultivation of the crop," said Patil. He is expecting a fall of about...
More »Esther Duflo, co-founder of the Abdul Latif Jameel Poverty Action Lab (JPAL) at the MIT speaks to Rukmini S
-The Hindu We could hold people accountable to a reasonable standard of expectation and that's the first step, says economist Esther Duflo In 2003, French-American economist Esther Duflo co-founded the Abdul Latif Jameel Poverty Action Lab (JPAL) at the Massachusetts Institute of Technology (MIT) with Abhijit Banerjee and Sendhil Mullainathan. In just over ten years, JPAL has carried out 568 field experiments - or Randomised Control Trials (RCTs) - in 56 countries,...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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