-The Financial Express The proposed MGNREGA changes can help plug the leakages and enhance agriculture productivity There is good news about the Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme. Recent press reports reveal that the rural development minister, Nitin Gadkari, has instructed lowering of the mandatory share for unskilled wages in total expenditure from the current 60% to 51%. He has also directed, quite rightly, that 50% of the expenditure be...
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Quieter, steadier -Vikram S Gandhi
-The Indian Express The prime minister's Jan Dhan Yojana (JDY) is, in many ways, an improvement over previous financial-inclusion schemes. And with an aggressive target to cover 15 crore households with basic banking services, including an overdraft facility, debit card as well as accident and life insurance cover, it is the most ambitious attempt yet. However, to achieve its promise, the JDY needs to focus on implementation. As suggested by the...
More »End-to-end solutions for food supply -Charan Singh, Padmakumar Nair and Shamil M
-The Hindu Business Line India now has the technology to track leakages at each stage in the public distribution system The Government has set up the Expenditure Management Commission to rationalise subsidies, among other expenditure items in India. India incurs nearly one per cent of food subsidy annually, generally utilised under the existing public distribution system (PDS) consisting of Food Corporation of India (FCI) and nearly five lakh Fair Price Shops (FPSs)....
More »Banks Finally Give ‘Debt Relief’ to AP Government
-The New Indian Express HYDERABAD: In a much-awaited relief to the cash-starved Andhra Pradesh government, the State Level Bankers' Committee (SLBC) on Tuesday reportedly agreed to accept its offer of upfront payment of 20 per cent outstanding crop loans of eligible farmers. The SLBC has constituted a sub-committee to look into proposals made by the Andhra Pradesh government on the modalities of crop loan waiver scheme and after a thorough discussion, finally...
More »PM Modi orders Aadhaar cards for all by June 2015 -Ruhi Tewari
-The Indian Express Prime Minister Narendra Modi has directed the Unique Identification Authority of India (UIDAI) to ensure "universal coverage" under Aadhaar by June 2015. According to government officials, the PM set the deadline at a high-level meeting chaired by him in the first week of September. The target was reiterated in the minutes of the meeting circulated to all the concerned departments. Directions have also been issued to the Registrar General...
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