-Business Standard Workdays under the scheme in 2014 crashed to less than half of previous year's, delay in fund transfers and payment to workers, says rural devt ministry report The former Union rural development minister Nitin Gadkari caused 'psychological' damage to the Mahatma Gandhi Rural Employment Guarantee Programme (MGNREGS) with statements questioning the need to continue the scheme across the entire country, the ministry has assessed in its new report. Gadkari was minister...

-Frontline The problem in rural India is not one of too much credit to Poor Households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...

-The Hindu Business Line Bearish price trends in the global market, poor rainfall took toll on farmers in 2014 Farmers in the country were hit by a double whammy in 2014. Even as poor monsoon affected kharif output, lower commodity prices, largely influenced by a bearish trend in the global market, aggravated the agrarian crisis this year. In addition, the uncertainty over the vagaries of nature, largely through frequent unseasonal rains, compounded...

-The Hindu Business Line The rural job guarantee scheme is threatened by the undermining of its driving force, demand-driven work Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) suffering a midlife crisis or are we staring at its death? From a budget of ₹401 billion in 2010-11, it has plummeted to ₹330 billion in 2013-14. Given the much higher wages currently offered to workers, it has taken a serious hit. The...

-The Hans India It is official now. New data released by the National Sample Survey Organisation (NSSO) for 2013 show that the agrarian distress in rural India is continuing, and even intensifying for small and marginal farmers. In the last decade, there has been much talk on inclusive growth, revival of growth rates in agriculture, higher public investment in agriculture and the doubling of agricultural credit. Yet, the new data show...