After deliberating for well over seven months, the Union government has eventually evolved a scheme to extend the scope of the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) on individual land holdings with Rs. 1.5 lakh as the upper limit of expenditure. The Rural Development Ministry has prepared a draft guideline, detailing not only the works that could be taken up for implementation but also the conditions to govern the...

Is Bihar on steroids, boosted by an excessive stimulus of dramatically higher public outlays than ever in the past? Like all stimulus, does it also bear the danger of slumping back when it is withdrawn? Is the widely acclaimed growth turnaround a durable and sustainable one? These are among the many issues, which are currently being debated. But first the facts. Bihar is the best turnaround story that the country has seen...

A Planning Commission evaluation of the National Rural Employment Guarantee Act (NREGA) has questioned the effectiveness of projects implemented under the Act in boosting productivity and creating assets. NREGA, the Union government’s flagship anti-poverty programme that promises 100 days of employment every year to the rural poor, is partly credited with driving the Congress-led United Progressive Alliance (UPA) to victory in the April-May general election. In a presentation made at Prime Minister...

Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...

A solution to the pulses and edible oils crisis is entirely within reach.  The state of India’s food security is worsening by the year. The cost of food items is increasing rapidly, making them unaffordable to a majority of the people. Added to these woes is the short supply of pulses and edible oils, which forces the Central government to import them. Pulses play a critical role in the diet of...