The stalled Land Acquisition Bill should be completely overhauled. In both China and India the issue of land acquisition has become politically very sensitive. In China by official reports more than 66 million farmers have been dislocated in recent years for various commercial development projects. Local officials in cahoots with local business have been rather cavalier in this matter, and this has inflamed passions in the countryside. In India the...
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Rs 1,000cr NREGS funds allowed to lapse
Ranchi, Sept. 12: Governor K. Sankaranarayanan has revealed that as much as Rs 1,000 crore had lapsed from funds meant for the National Rural Employment Guarantee Scheme in 2008-09 in Jharkhand, prompting the Centre’s think-tank behind the job scheme to dub the state’s implementation record as “poor”. Calling the finding “unfortunate”, the governor today said the state could not afford to lose funds allocated for the welfare of the people....
More »The Paper Rations
THE LAUNCH of free market liberalisation in 1991 triggered widespread prosperity for the Indian middle classes, making them the showpiece of India’s muchfêted economic boom. But little has ever changed for the bulk of the country’s poor, hundreds of millions of who continue to barely scrape through from day to day, doomed to extreme poverty and, consequently, malnutrition, disease and death. For decades, many among these millions have survived, however...
More »Taking goals of NREGA-I forward
Envisioning NREGA-II is important to realise the unfulfilled dreams of NREGA-I, which has failed thus far to break free of the shackles of a debilitating past. The National Rural Employment Guarantee Act (NREGA) promises a revolutionary demand-driven, people-centred development programme. Planning, implementation and social audit by gram sabhas and gram panchayats can engender millions of sustainable livelihoods following initial rounds of wage employment. But NREGA-I has had to battle against...
More »Key Facts
Output and Growth According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...
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