-IndiaSpend.com The fruits of a people’s movement and the world’s largest anti-poverty public works, the National Rural Employment Guarantee Act (NREGA) last year provided employment to 22% of all rural homes. At its peak five years ago, it was a lifeline for 55 million, or one in every three rural homes. But it has yet to expand to its full potential. Up to 70% of interested poor households did not receive any NREGA...
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The economics of the MGNREGS -Sumit Mishra
-Livemint.com Academic assessment of the scheme appears far more favourable than evident from the public discourse Ten years after it was launched, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which promises 100 days of employment to every rural household, is back in the news. More people in rural India are seeking employment through the programme across the country, with job numbers scaling a five-year peak. Although the MGNREGS seems to be...
More »States demand more money from Centre ahead of Budget
-Business Standard We should work in unison to boost growth: FM Even as the Centre harped on devolving higher share of funds to states following the recommendations of the 14th finance commission, the latter demanded that they be given more money and the Union government should retain its share of funding for centrally-sponsored schemes in the upcoming Budget. At the pre-Budget meeting with Finance Minister Arun Jaitley on Saturday, states also sought more...
More »Rice shortage worry for Odisha -Subhashish Mohanty
-The Telegraph Bhubaneswar: Chief minister Naveen Patnaik's flagship programme of rice distribution at Re 1 per kg might run into rough weather if the Centre continues to send more wheat instead of rice as required by the state under the National Food Security Act. Concerned at the development, the chief minister has shot off a letter to Prime Minister Narendra Modi urging him to allocate more rice under the act instead of...
More »Nabard thinks Mumbai needs 50% of agri loans -Alok Deshpande
-The Hindu The fact that a megapolis, and not the drought-affected areas of Maharashtra, is the biggest beneficiary, has angered many Bristling with glass towers and commercial districts, Mumbai is unquestionably the financial capital of India. The most greenery an average Mumbaikar can hope to grow is a few herbs in window flower-pots. Which is why it seems strange that the city will be the biggest beneficiary of agriculture loans, as projected by...
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