-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
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Rs 2 to Rs 17: Rise in NREGS wages is no hike at all -Subodh Ghildiyal
-The Times of India New Delhi: Discharging its annual duty, the Centre has revised the wages under the job guarantee scheme that range from a minimum of Rs two to a maximum of Rs 17 for a day's labour. In percentage terms, the hike ranges between 2%-10%. Madhya Pradesh and Chhattisgarh stand at the bottom of the ladder with the hike under MGNREGA being a meagre Rs 2, increased from Rs 157...
More »Mass exodus: 100,000 villagers migrate from Chhatisgarh in 3 years
-IANS RAIPUR: There's a deathly silence in many villages across Chhattisgarh these days. The houses are locked as entire families have left for greener pastures for want of work, despite Central government's rural job scheme and availability of rice at Rs1 per kg. "We (55 labourers and 15 children) are leaving for Faizabad (in Uttar Pradesh) where we will make bricks. The payment is Rs 400 for 1,000 bricks. Two labourers...
More »NREGA: Each household got only 39 job days last year -Ruhi Tewari
-The Indian Express The gaps in the implementation of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) continue to widen despite the scheme being in its tenth year. The last year (2014-15) has turned out to be worst year of the scheme since its inception in terms of the average number of days of employment provided to each household. The MGNREGA, introduced in February 2006 by the UPA government, promises 100 days...
More »In true colours -Sudhir Kumar Panwar
-Frontline The BJP-led NDA government has, in the two Budgets it has presented so far, revealed itself to be very different from the pro-farmer image that its leading election campaigner and now Prime Minister, Narendra Modi, projected. THE Bharatiya Janata Party's manifesto for the 2014 Lok Sabha election states: "Agriculture is the engine of India's economic growth and the largest employer, and BJP commits highest priority to agriculture growth, increases in...
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