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NREGA improving the lives of poor, says study

Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...

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India's vulnerability to drought poses credit challenges: Moody's

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

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Herb cultivation benefits western Rajasthan farmers -Shoeb Khan

-The Times of India JAIPUR: Eight villages in the arid regions of western Rajasthan are fast progressing towards sustainable development by venturing into growing Shankhpushpi, a medicinal herb which is scientifically proven to enhance memory and brainpower. Situated in the arid region with annual rainfall less than sufficient even for one crop in a year, the farmers grows traditional crops Bajra, Guar and Moth that have less commodity value. Until recently, they...

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India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee

-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...

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Cabinet approves direct release of MGNREGS wages to workers -Elizabeth Roche & Sayantan Bera

-Livemint.com The money from the Union govt will be routed through the state employment guarantee fund window to the workers accounts New Delhi: In a bid to eliminate delays and corruption in the payment of wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the Union cabinet on Wednesday approved the direct release of wages from the Centre to the workers. Workers will be assured of timely payment...

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