-Huffington Post NEW DELHI: It is still not certain whether the monsoons will be as "good" this year as early forecasts suggest, but at least the rains are here and are making their way across India, bringing long-awaited and direly needed succor to millions in 13 drought-ravaged states. It comes as a massive relief that people in the worst-hit areas will have water to drink and so will their animals who...
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Only 49 days of work under MGNREGS a record: Chaudhury Birender Singh -Elizabeth Roche
-Livemint.com Report says only 10.1% of the total households that had been provided employment had been able to complete 100 days of work as stipulated by the MGNREGA New Delhi: The rural job guarantee programme provided only 49 days of work on an average across the country in 2015-16 when drought in several states affected farm output and crimped income. Rural development minister Chaudhary Birender Singh, though, highlighted this number as a...
More »Centre spends 22% more on MGNREGS in FY16 -Sanjeeb Mukherjee
-Business Standard The Centre's expenditure on the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in 2015-16 was around Rs 43,848 crore, 22 per cent more than the Rs 36,025.04 crore incurred in the previous financial year. However, a statement by the Rural Development Ministry said Rs 56,000 was incurred on the scheme in 2015-16, but of this Rs 12,152 crore was paid in 2016-17 as arrears. This payment would now have to...
More »Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha
-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...
More »NREGS scores a point in 1st report card with highest spend of Rs 56,000 crore in FY16 -Ruchika Chitravanshi
-The Economic Times NEW DELHI: For the first time ever, the Narendra Modi government is bringing out a performance review of the National Rural Employment Guarantee Scheme (NREGS), highlighting the highest ever expenditure of Rs 56,000 crore undertaken in 2015-16 which includes Rs 12,000 crore paid in pending wages this year. The scheme generated 235 crore person days of wage employment, highest in last 5 years. However, it continued to lag in...
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