-The Times of India MUMBAI: The Modi government's squeeze on the UPA's flagship MNREGA scheme is translating into dramatic fund cuts for Maharashtra, which has a BJP government. Compared to the last financial year till December, central funds to the rural job scheme have almost halved, data with the state government reveals. The MNREGA-among the largest job-creation programmes in the world-provides a social safety net for the rural poor. Under the scheme,...
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PM Modi vows rapid change, unveils reforms agenda
-The Times of India NEW DELHI: Prime Minister NarendraModi on Friday vowed to push through change at a fast pace but said subsidies should be continued to protect the interests of the poor. Addressing the Economic Times Global Business Summit, the PM struck an optimistic note to say, "The New Age India has begun its transition, from a winter of subdued achievement lasting three to five years, to a new spring that...
More »The next farm downtrend -Harish Damodaran
-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
More »India’s two-speed demography -Prachi Priya & Anuj Agarwal
-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...
More »Eminent persons urge President to reject land ordinance
-The Hindu They wabted the govt to table the proposed amendments to the Land Acquisition Act, 2013, in Parliament so that they can be "democratically" discussed. A group of concerned citizens has written to President Pranab Mukherjee to "rethink and reject" the Ordinance which seeks to amend the Land Acquisition Act of 2013. In a letter to the President, the group has urged him to advise the government to table the proposed amendments...
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