-NDTV The "highest ever allocation" to NREGA (which also led to it trending on Twitter)  in the Union Budget has provided a useful opportunity to raise some pressing issues related to the implementation of the scheme. It is natural, and welcome, that the government turn to NREGA to provide much-needed relief to those whose already precarious lives have been disrupted by demonetization, a man-made economic disaster. Widespread reports of job losses...

-The Hindu FM allocates Rs.48,000 crore for MGNREGA; says it will be brought under digital scrutiny The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), once described by Prime Minister Narendra Modi as a “living monument of the UPA’s failure,” got its highest ever allocation — Rs.48,000 crore — since its inception over a decade ago.   Finance Minister Arun Jaitley, however, indicated that the funds dispensed would come under increased digital scrutiny. “The...

-The Telegraph New Delhi: The Centre today proposed its highest ever budget allocation for the rural job guarantee scheme but critics rued that the increase was just Rs 500 crore over the revised allocation last year. Finance minister Arun Jaitley announced Rs 48,000 crore for projects and payment under the Mahatma Gandhi National Rural Employment Guarantee Act, flagging the hike from the Rs 38,500 crore allocated last year (See chart). Social activists, however,...

-The Hindu Business Line CM writes to Modi, submits memorandum Chennai: The Tamil Nadu government has urged the Centre to sanction ?39,565 crore from the National Disaster Response Fund, and to release immediately Rs. 1,000 crore ‘on account’ to take up drought mitigation work in the state. The state was hit by heavy floods in December 2015 and by Cyclone Vardah in December 2016. The State Disaster Response Fund is not sufficient to...

-The Hindu The ongoing repercussions of the government’s decision to demonetise high-value currency notes are being felt in particular by cash-intensive sectors such as the microfinance industry, according to microfinance company Satin Creditcare. “It’s been a pretty tough time (post demonetisation),” H.P. Singh, chairman and managing director of Satin Creditcare, said in an interview. “The cash supply position has been very bad in the northern states of Uttar Pradesh, Punjab… in both...