Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time. In one...
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Doctors pursuing higher studies in the U.S. to sign return bond
-The Hindu The Bachelor of rural Health Care course seeks to create a separate cadre of public health professionals to serve in rural areas Any doctor travelling to the United States for higher medical studies from this year onwards will have to sign a bond with the government, promising to return to India after completing his/her studies. This has been done to prevent doctors from leaving the country on the pretext of higher...
More »Centre plans flexifund rural schemes-Subodh Ghildiyal
The government is thinking of letting the states cherry pick the central schemes for rural welfare, a step back from centralized decision-making that it hopes could help quell the accusations that Centre was weakening the federal structure. The idea behind the 'flexifund route' is to allow states the freedom to decide rural development schemes they want to implement and how much of allocation should each get. It would mark a departure...
More »Govt to amend law so RBI can sell 1% stake in Nabard-Remya Nair
Central bank sold its majority stake in Oct 2010; change will ensure entire equity is held by the govt The government will amend a law governing the National Bank for Agriculture and rural Development (Nabard) to allow the Reserve Bank of India (RBI) to sell its 1% stake in the development lender. The central bank sold its majority stake in the lender to the government in October 2010. The government owns 99%...
More »Tribe priority in caste census-Radhika Ramaseshan
The National Advisory Council will ask the Centre to focus the ongoing socio-economic caste census on enumerating and classifying denotified, nomadic and semi-nomadic tribes, or DNTs. The plan is to give these groups priority while issuing unique identity cards and introducing laws that will grant them explicit recognition on the lines of the 1992 statute on minorities. The NAC said special directives must be issued to the housing and urban poverty alleviation...
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