-DNA Now only 51% funds meant for the job scheme will be spent on employment, while the rest will be spent on purchasing material Incorporating major changes in UPA government's flagship scheme, Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) quietly, the NDA government has converted it to an asset-driven programme rather than just generating jobs, which according to the officials in rural development ministry is going to affect 5 crore...
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Money in black -Varghese K George and Pheroze L Vincent
-The Hindu Corruption in India has undergone a qualitative shift from the days of licence Raj to the era of liberalisation. Opportunities for making money have come in handy for politicians, who were also dealing with a new political situation of fragmentation and instability. In the days leading to the 2008 Assembly election in Karnataka, slum-dwellers in Bangalore were startled to see small bundles flying in through their windows at night. The...
More »Groundwater reserves dwindle to critical level amid rampant extraction -Akash Vashishtha
-India Today Groundwater is being extracted in Delhi, Haryana, Punjab and Rajasthan at a rate faster than it's replenished, according to the latest report of the Central Ground Water Board (CGWB). The status of groundwater extraction - the proportion of water drawn out to annual recharge - in Delhi and the three states is more than 100 per cent. In Gujarat, Tamil Nadu, Uttar Pradesh, Lakshwadeep, Pondicherry and Daman and Diu, the...
More »Esther Duflo, co-founder of the Abdul Latif Jameel Poverty Action Lab (JPAL) at the MIT speaks to Rukmini S
-The Hindu We could hold people accountable to a reasonable standard of expectation and that's the first step, says economist Esther Duflo In 2003, French-American economist Esther Duflo co-founded the Abdul Latif Jameel Poverty Action Lab (JPAL) at the Massachusetts Institute of Technology (MIT) with Abhijit Banerjee and Sendhil Mullainathan. In just over ten years, JPAL has carried out 568 field experiments - or Randomised Control Trials (RCTs) - in 56 countries,...
More »Made in India, by small enterprises -Charan Singh
-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...
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