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Closely monitor rural roads, PM tells officials in review meeting

-The Times of India NEW DELHI: Prime Minister Narendra Modi has directed officials to ensure efficient and stringent monitoring of construction of rural roads and also for quick resolution of complaints received through the 'Meri Sadak' application. Modi took a review meeting on the progress in infrastructure sectors including rural housing, rural roads, coal, mining and rural electrification on Thursday evening, which lasted for more than two and a half hours....

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Modifying MGNREGA can alleviate India's farming crisis -Shreoshee Mukherjee

-Hindustan Times The design of large injections of public funds for India’s agriculture economy needs to be informed with rigorous evaluations on what is effective for higher farm productivity. A wage subsidy for farm-labour is one modification that needs an evaluation, to generate evidence to inform how the MGNREGA policy generates employment when there is need, but without stress to farm production Indian agriculture is witnessing a period of complex socio-economic distress,...

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Has demonetisation harmed non-farm employment generation in the medium term? -Roshan Kishore

-Livemint.com Despite the construction sector being in the doldrums, personal housing was holding its own—till demonetisation Prime Minister Narendra Modi promised to create 10 million jobs in five years while campaigning in the 2014 general election. After completing more than three years in office, has the government been able to deliver? We do not know for sure. Findings of a large-sample survey on employment, conducted by the National Sample Survey Office (NSSO),...

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Economy outlook still cloudy -Ajit Ranade

-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...

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Despite RERA, Centre and states not doing enough to protect home buyers -Manish

-Hindustan Times The central government has extolled RERA as a panacea for exploitation of home buyers with the establishment of an independent authority in each state. But its own actions in the Capital reflect poorly on the objective The Real Estate (Regulation) Act, 2016, the flagship legislation to protect home buyers, has come into force, but its implementation on the ground continues to lag, with the central and state governments equally lax...

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