-The Hindustan Times Even with the prospects of a year of high growth and low prices, a clutch of disquieting data on the ground suggests that things are still tough, potentially testing the Narendra Modi-led government's ability to pull the economy up. Output in factories has fallen sharply and a depressing farm season this winter, along with a fall in Rural Wages, could prolong recovery. Simply put, the drag this time...
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Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya
-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...
More »Rural jobs may soon lose labour intensive label -Ruhi Tewari
-The Indian Express In a move that could alter the labour-intensive nature of the rural job guarantee scheme, the Finance Ministry has suggested changing the wage-material ratio from the current 60:40 - as provided under the Act - to an equal 50:50. This comes amid widespread criticism from several quarters of previous Rural Development minister Nitin Gadkari's proposal to change the labour-material ratio to 51:49. According to officials in the Rural Development Ministry,...
More »Modi U-turn for the better: Changing NREGA would have been a mistake -Rajesh Pandathil
-FirstPost.com Not all U-turns are bad. Some are good, like the one by the NDA government on the MNREGA, also called NREGA . For the uninitiated, the new NDA government had about three months back proposed to make changes to the pro-poor scheme launched by the erstwhile United Progressive Alliance. According to media reports that cited a circular, the proposal was to amend the NREG Act by restricting the area of work...
More »Laggard Bengal leaps to top 5 -Basant Kumar Mohanty
-The Telegraph New Delhi: Bengal appears to have emerged as one of the best performers in implementing the rural job scheme, rising to fourth on the list from being one of the laggards even two years back. According to figures with the rural development ministry, the state has generated over 11.3 crore persondays of work since April, next only to table-topper Tamil Nadu, Andhra Pradesh and Rajasthan. Till 2012, it was among the...
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