-PTI NEW DELHI: To prevent leakages in the MGNREGA programme, the government will introduce the system for electronic transfer of wages to the beneficiaries from January 1 next year in Kerala, Lok Sabha was informed today. An additional Rs 2,000 crore would be sought from the Finance Ministry towards ensuring that MNREGA wages are at par with the agriculture wages fixed by some states, Rural Development Minister Birender Singh said. Mahatma Gandhi National...
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Draft Paris pact stresses ‘voluntary contributions’ -G Ananthakrishnan
-The Hindu India says it is ready for a regime of stocktaking of future carbon emissions. In a clear signal that active diplomacy is at work to forge an agreement in Paris based on voluntary pledges, one that is subject to transparent monitoring, India said on Friday that it was ready for a regime of stocktaking of future carbon emissions. The U.S., on its part, said it had “nothing but respect” for...
More »Govt eyes post offices, kiranas for pension plans -Sidhartha
-The Times of India NEW DELHI: After the success with opening bank accounts and two insurance schemes, the government is lining up a major push for retirement savings under its financial inclusion programme. The finance ministry has begun talks to rope in 1.5 lakh post offices along with kirana shops and chemists to sell pension plans with an assurance of minimum returns. Sources told TOI that the department of posts, which is...
More »India to press for equity at climate talks -G Ananthakrishnan
-The Hindu India’s strategy at the Paris Climate Change summit will be to work with emerging economies and press the developed world to concede that responsibility for cutting carbon emissions after 2020 cannot be shared equally by rich and poor nations. Two major issues that New Delhi will focus on at the Conference of the Parties (CoP) to the UN Framework Convention on Climate Change (UNFCCC) are failed ambitions on transferring low...
More »Cash Transfers: Miracle or Mirage? -Pramit Bhattacharya
-Livemint.com The success of cash transfers will depend on how well the government addresses design bugs The recent economics conclave hosted by the finance ministry in the capital has rekindled the debate on cash transfers in India. Among the invitees to the conclave was one of the most vocal critics of India’s transition to direct cash transfers, Jean Dreze, a development economist and an advisor to the erstwhile United Progressive Alliance (UPA)...
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