-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

-The Hindu The World Bank said on Tuesday that the spike in ‘unmet demand’ for MGNREGA jobs is an indicator of increasing rural distress. Since the scheme is the only and therefore the best bet India has for mitigating the impact on the poor of the recent unseasonal rains, the government should take steps aimed at arresting delays in wage payments and the rising unmet demand for jobs. “If you are a...

-The Telegraph New Delhi: A network of 293 ground motion sensors located across northern, eastern and northeastern India lay crippled during Nepal's 7.9 magnitude earthquake and its aftershocks, handicapping researchers trying to assess how the quakes affected cities and towns in these regions. No one knows how many of the 293 sensors designed to measure ground acceleration during earthquakes were actually recording data during the weekend earthquakes because funding for maintenance of...

-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

-The Indian Express Files already piled up on the Chief Information Commissioner’s desk could take up to 2020 to clear. Delay in appointing the CIC hurts the objectives of both the RTI Act and the PM’s pledge of good governance. The RTI Act, 2005 provided for a Central Information Commission and State Information Commissions to deal with appeals and complaints against public authorities. Section 12 of the RTI Act states, “The Central...