-PTI The jobs scheme has expedited the financial inclusion of the rural population, says Manmohan Singh Prime Minister Manmohan Singh on Saturday said bank and post office accounts opened under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) will help the government provide direct cash transfers to the people. “MNREGA has brought momentum in the financial inclusion of our rural population. Besides direct financial benefit, the scheme has given many indirect benefits...
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A boon in the rural landscape: Data shows that the MGNREGA is doing more to create employment than many have argued recently -Neelakshi Mann, Varad Pande & Jairam Ramesh
-The Times of India Few government programmes are as debated in this country as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Introduced by the UPA government in 200 backward districts in 2006, and extended to the entire country by 2007-08, MGNREGA has become a fact of life in rural India; on an average around 25% of rural households seek employment under the scheme annually. In recent times, it has become...
More »India can learn from others, tax policies should boost women empowerment-Lubna Kably
-The Times of India The Companies Bill, 2012, passed by the Lok Sabha a few months ago, has recognised the importance of diversity in the board room. Certain class of companies will soon be required to have at least one woman director on board. The EU has long recognised the value that women directors bring to the table. But, policies need to be reworked even at the ground level. With the budget...
More »Gram Sabha is supreme but only on paper!
The Fifth Schedule of the Constitution, the 73rd amendment and the landmark PESA and Forest Rights Act (FRA) have progressively acknowledged the rights, and special powers of the Gram Sabha in deciding developmental projects as well as playing a role in protecting the ecology and forests. But a clutch of clever exemptions in recent months are ensuring that centralised authorities take away the same powers through the back door, without routing...
More »Sebi attaches Assets of 2 Sahara firms
-The Times of India MUMBAI: Market regulator Sebi on Wednesday cracked down on the retail-to-financial services Sahara group and ordered the attachment of all Assets of two Sahara group firms, besides freezing their bank accounts and those of their promoters and directors including that of group head Subrata Roy. Sebi's crackdown on the two Sahara group firms—Sahara Housing Investment Corp and Sahara India Real Estate Corp — comes exactly a week after...
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