-The Hindu Technical glitches in the unique identification method make it unreliable in disbursing wages under the employment guarantee scheme Within a few weeks of “Aadhaar-enabled” payments of Mahatma Gandhi National Rural Employment Guarantee Scheme wages being initiated in Jharkhand, earlier this year, glowing accounts of this experiment started appearing in the national media. Some of them also gave the impression, intentionally or otherwise, that this successful experiment covered most of Jharkhand....
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Need regulation to make sure that financial inclusion becomes cost-effective by Ashok Khemka
One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...
More »MIHIR SHAH UNVEILS A BOLD NREGA-2
MGNREGA, which entitles millions of workers enrolled under it to at least Rs 100 a day for 100 days of work in a year, is undergoing an overhaul based on a set of recommendations of a committee headed by the Planning Commission member Mihir Shah. Encapsulated in The Mahatma Gandhi National Rural Employment Guarantee Act 2005 - Operational Guidelines 2012 in what is being called “MGNREGA 2.0”, the recommendations aim for...
More »Expanded National Rural Employment Guarantee Act to arrest fall in appeal
-The Economic Times An expert group has recommended adding 30 agricultural and allied works under the Centre's flagship rural job guarantee scheme, in a revamp aimed at making the country's costliest social sector programme more effective. As part of the overhaul of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the panel has also suggested an electronic fund management system to ensure timely transfer of money to needy districts. The recommendations of...
More »Delay in NREGA payment is a worry: PM
-The Hindustan Times Delay in payment of wages to workers is the biggest concern under the Mahatma Gandhi National Rural Employment Guarantee Act, Prime Minister Manmohan Singh said on the 6th anniversary of the right to work scheme on Thursday. “We achieved many a success but several challenges still remain. The biggest concern is ensuring timely payment to workers. Wage delays force the workers to take costly loans to meet their...
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