-The Financial Express MGNREGS fails to deliver on even its own targets Given how less than a tenth of households applying for jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have ended up getting the guaranteed 100 days of workin FY14-the figure was 14.5% in FY09-it is obvious the scheme is failing under even its own stated goals. At a time when both economic growth and jobs creation is...
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Bharat sinking -Raj Kumar Ray
-The Financial Express In what could be a big question mark on the world's largest jobs scheme. In what could be a big question mark on the world's largest jobs scheme, the number of people who availed the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) fell 8.4% year-on-year in 2013-14, reports Raj Kumar Ray in New Delhi. Also, only a tenth of the people enrolled got the promised 100 days of...
More »‘Jobless growth’ no more-Santosh Mehrotra
-The Hindu Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...
More »Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »Rice bowl turns into pricey real estate -B Kolappan
-The Hindu Paddy cultivation is no longer lucrative in Kanyakumari district Kanyakumari: The fertile rice bowl of erstwhile Travancore, now part of Tamil Nadu's Kanyakumari district, is gripped by a serious economic and ecological crisis. The emerald green paddy fields, banana and coconut groves in the backdrop of the Western Ghats, and irrigated by hundreds of water bodies may soon fade into a neglected prized painting, if urgent measures are not taken, warn...
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