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NREGA improving the lives of poor, says study

Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...

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India's vulnerability to drought poses credit challenges: Moody's

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

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Farmers from across India converge on the capital to demand fair prices, scrapping of land bill -Debobrat Ghose

-Firstpost.com New Delhi: A large section of farmers and agricultural labourers from various states across the country didn’t want to lose the opportunity of the ongoing monsoon session of the Parliament, to make their voices heard to the lawmakers of this nation. Amid sloganeering —“Ladenge, Jeetenge… Jai Kisan, Jai Kisan” (We’ll fight, we’ll win… Hail farmers!) — at Jantar Mantar in New Delhi on Monday, hundreds of farmers and leaders of various...

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Karnataka farmer suicide rate hits highest in a decade -Nidheesh MK

-Livemint.com A total of 158 farmers killed themselves in July in the state, bringing this year’s toll of farmer suicides to 197, the most since 2003 Bengaluru: The farmer suicide rate in Karnataka has hit the highest level in a decade, highlighting agrarian distress in the state. A total of 158 farmers killed themselves in July alone in the state, government data showed, bringing this year’s toll of farmer suicides to 197,...

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Modi sees land bill freeze loss for east -Radhika Ramaseshan

-The Telegraph New Delhi: Prime Minister Narendra Modi believes that the biggest losers of the deadlock over the Centre's land acquisition bill would be Bengal, Odisha and Bihar, sources close to him have said. Whether the bill is blocked or passed in a watered-down version, it will hobble his ambitions of bringing the eastern states on a par economically with the western states, they explained. If the Modi government fails to evolve a...

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