-IPS News NEW DELHI: Despite being one of the world's fastest expanding economies, projected to clock seven-percent GDP growth in 2017, India - a nation of 1.2 billion - is trailing behind on many vital social development indices while also hosting one-fourth of the world's poor. While the United Nations prepares to wrap up a decade-and-a-half of poverty alleviation efforts, framed through the lens of the Millennium Development Goals (MDGs), by the...
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Small industry needs a better policy deal -Pradeep S Mehta
-The Hindu Business Line A flexible approach to collateral will improve access to bank funding. Red tapism too is a perennial concern If the Make in India campaign has to be successful and help many in our country, we need to focus on enabling small units to function and contribute. A major problem small and medium units face is that of finance. Banks and financial institutions are always very wary of assisting them...
More »Food security, a slippery slope -S Ramadorai
-The Hindu Business Line There's no Malthusian problem right now, but without sustainable farming the world will be in serious trouble Food security, a seemingly innocuous phrase, is fast becoming one of the most widely discussed topics of our time. A lot of us would associate ‘food security' as a challenge for the impoverished but it could potentially become a much more widespread problem straddling across geographic and economic divides. The issue of...
More »Social spending cut: Rural job scheme, SSA in focus -Ruhi Tewari
-The Financial Express As cuts in social sector spending in the forthcoming Union Budget are widely anticipated, the focus will be on two of the biggest flagship schemes - the Mahatma Gandhi National Rural Employment Guarantee Act and the Sarva Siksha Abhiyan, both with individually high budget allocations. MGNREGA, launched by the Congress-led UPA government in 2006, has been in the midst of controversy this year, with the NDA government being accused...
More »Rural job scheme: Sonia and Rahul’s bastions lagging on key parameters -Ruhi Tewari
-The Indian Express The Congress may be quick to attack the ruling NDA government for attempting to dilute the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) since it came to power, and for its poor implementation this year, but the high-profile constituencies of Congress president Sonia Gandhi and party vice-president Rahul Gandhi have performed dismally under the scheme, ranking below the national average on most key parameters. MGNREGA, introduced in...
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