The government is in no hurry to enhance the outlay on Members of Parliament Local Area Development Scheme (MPLADS) to Rs 5 crore nor has any intention to merge it with the Mahatma Gandhi National Rural Employment Guarantee programme (MGNREGA) in the near future. Emerging from a national consultation meeting on enhancing inclusiveness of the MPLADS and to make it more target-oriented, minister of statistics and programme implementation (MoSPI) Sriprakash Jaiswal...
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Corruption is the symptom of closed and opaque economic and political structures, says Rahul
India will not be a nation until the aam aadmi's “progress is based not on who he knows but on what he knows,” Congress general secretary Rahul Gandhi told cheering delegates at the 83rd plenary session at Burari here on Sunday. On a day when his mother and Congress president Sonia Gandhi declared war on corruption, Mr. Gandhi's devastating critique of the “system” took the audience by surprise. “Corruption is...
More »Interest-free banking urged
Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...
More »Maharashtra—chronicle of a death foretold? by Ranjona Banerji
Over the past two decades, Maharashtra’s leaders and caretakers have carefully steered it from being India’s most progressive and forward-looking state to lying on the verge of becoming one of India’s most backward.This is no mean achievement. Mumbai, as is well known, contributes close to 40% of the nation’s direct taxes. In 2003-2004, Maharashtra’s net state domestic product was second only to Haryana’s and the gross domestic product was 13%...
More »Enter the watchdog by KP Shashidharan
Recently an interesting article appeared in The New York Times on how after the completion of a social audit at Nagarkurnool in Andhra Pradesh, villagers punished a local official for swindling funds allocated to the central government's flagship project, the Mahatma Gandhi National Rural Employment Guarantee scheme. The irate villagers tied the official's hands and paraded him around the neighbouring villages. This is not a one-off incident; similar accounts have...
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