-DNA Mahatma Gandhi National Rural Employment Guarantee Act, popularly knowns as NREGA, is the most romantic and largest development project in human history. It is extremely popular and invited widespread hatred. It embodies remarkable scope for alienated people and effortless corruption for powerful people at the lower level. The amount spent on it over the last nine years is about Rs3.50 lakh crore. The average number of jobs generated per year...

-Oxfam Blog Vanita Suneja, Oxfam India's Economic Justice Lead, argues that India can't progress until it tackles rural poverty. This entry was posted on 3 February 2015. More than 800 million of India's 1.25 billion people live in the countryside. One quarter of rural India's population is below the official poverty line - 216 million people. A search for economic justice for a population of this magnitude is never going to be...

-The Economic Times NEW DELHI: India is poised to become the world's fastest-growing major economy, possibly overtaking a slowing China this year itself, according to data released by the statistics office on Monday. But the numbers, based on a new series, seem to have intensified the bewilderment among experts who see little evidence of such a sharp growth surge. "The numbers are quite puzzling," said Soumya Kanti Ghosh, chief economic advisor, State...

-IANS Terming malnutrition a global issue involving people from all financial backgrounds, health experts Wednesday said India could be a role model in dealing with the problem. They said almost every country, rich or poor, faces a serious public health risk due to malnutrition either from under nutrition, obesity or micro nutrient deficiencies. Releasing the Global Nutrition Report here in a conference - "From Data Deserts to Fertile Facts: Unleashing the power of...

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...