-TheGoan.net As had been anticipated, on October 18, the Cabinet Committee of Economic Affairs chaired by Prime Minister Narendra Modi decided to decontrol the prices of diesel, the most widely-used petroleum product in the country. Riding on an unexpected fall in world prices of crude oil, the government was able to simultaneously announce a sharp fall in consumer prices of diesel by Rs 3.37 per litre (in Delhi). But the decision...
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Food law adrift as government trims grain purchases -Sanjeeb Mukherjee
-The Business Standard The NDA is looking to reduce fiscal deficit not by chopping social sector spending but by paring it down Finance Minister Arun Jaitley is fairly confident the government will meet this year's fiscal deficit target. At 4.1 per cent of gross domestic product the deficit looked looked like a bit of stretch in July but the food subsidy, for one, is not going to balloon as in previous years. The...
More »This transaction is still incomplete -Erica Field, Charity Troyer Moore, Rohini Pande, Natalia, Rigol and Simone Schaner
-The Indian Express Earlier this month, the MINISTRY OF FINANCE announced that over 50 million new bank accounts have been opened and 17 million debit cards issued since the launch of a bold new plan to grant financial access to the poor. Prime Minister Narendra Modi announced this initiative, called the Pradhan Mantri Jan Dhan Yojana (PMJDY), in a speech in August. Its ultimate goal is to reach 150 million unbanked...
More »Government mulls to rope in land resources, social forestry into revamped MGNREGA -Yogima Sharma
-The Economic Times NEW DELHI: The government plans to rope in various departments and ministries such as agriculture, land resources, horticulture and social forestry to create bigger and more durable assets under the rural job guarantee scheme, going ahead with its plans to revamp the national programme. "Considering the capacity constraint at the gram panchayat level, which is the main implementing agency for allocating works under the scheme, we are considering to...
More »Move to dilute MGNREGA: From Right to Scheme
Documents availed through RTI reveals that the Rural Development minister Shri Nitin Gadkari has ordered to bring drastic changes in the schedule of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which includes changing the labour to material ratio and restricting the implementation of MGNREGA in 1/3rd of backward blocks in India (please click here to access a note on labour-material ratio prepared by People's Action for Employment Guarantee-PAEG). The MoRD has notified the...
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