-PTI PATNA: Bihar Chief Minister Nitish Kumar today told the Centre that implementation of MGNREGA was suffering due to non-availability of funds even as the state government rejected CAG findings on the ambitious rural job scheme as totally "untrue and deceptive". "I have recently reviewed the implementation of MGNREGA in the state and it has been noticed that progress of implementation is suffering due to non-availability of funds," Kumar said in a...
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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray
-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...
More »Government auditor's (CAG) report says funds bungled in flagship rural employment scheme-Shamik Ghosh
-NDTV Employment under the Mahatma Gandhi National Rural Employment Guarantee Act or MNREGA has declined, while Rs. 128 crore have been misused and work worth a staggering Rs. 4000 crore is incomplete, the government's auditor has alleged in its review of the rural job scheme that the Congress-led UPA government counts as one of its most significant achievements in the last nine years of rule at the Centre. In its report...
More »Tripura, Kerala open the door for women in panchayats -Anuja and Liz Mathew
-Live Mint The experience of Kerala and Tripura shows how panchayati raj can help in the empowerment of women Chulubari (Tripura)/Kanjikuzhy (Kerala): Her relatives warned Hena Das, a resident of Chulubari in Tripura, against taking up political office because it wasn't "meant for women". Das disregarded the warnings. Two years on, she has no regrets. She also has no male colleagues; her fellow representatives on the board of an 12-member panchayat are all...
More »'Jobless growth' during UPA-1, admits Centre -Rajeev Deshpande
-The Times of India Some 20 months after hotly contesting data on UPA-1's "jobless growth", the government has admitted to lack of substantial increase in employment between 2004-05 and 2009-2010, with the self-employed workforce shrinking from 56.4% to 50.7% of the total workforce. In absolute numbers, the self-employed decreased from 258.4 million to 232.7 million in this period while regular salaried workers rose from 69.7 million to 75.1 million. The ranks of...
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