-The Times of India NEW DELHI: All life saving drugs from January 2015 will come with a bold red strip on their packs highlighting price as fixed by the government and also specify if they are under price control. Signaling a New Year gift for consumers, the government is set to make it mandatory for regulated drugs to print on their packs 'DPCO Scheduled Drug' in black ink on a bold...
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New subsidy regime
-The Hindu Business Line The Centre has adopted a pragmatic approach to cooking gas subsidies The reintroduction of the direct benefits transfer scheme for the supply of cooking gas, after its withdrawal in March this year, is a welcome signal that subsidy targeting is back on the policy agenda. Unlike its UPA avatar, cash transfers will now be based on LPG consumers providing their bank account numbers, rather than Aadhaar numbers, to...
More »Women Participation and Rationing in the Employment Guarantee Scheme -Sudha Narayanan and Upasak Das
-Economic and Political Weekly The Mahatma Gandhi National Rural Employment Guarantee Act that guarantees employment of every rural household for 100 days has different progressive provisions to incentivise participation of women in the programme. Official data suggest that 47% of all MGNREGA workers are women. The extent to which the programme is inclusive of women, with a particular focus on sub-populations of women such as widows and mothers of young children...
More »Sharpest-ever fund cut for rural job scheme -Namrata Acharya
-Business Standard Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year Kolkata: The Union government has severely cut the funds for Mahatma Gandhi National Rural Employment Guarantee Act, one of the largest job-creation programmes in the world, even as it deliberates on framing new norms for it. Compared to last financial year, there has been nearly a 45...
More »Wrong numbers: Attack on NREGA is misleading
-The Times of India Jagdish Bhagwati and Arvind Panagariya, hereafter BP, have argued for phasing out the National Rural Employment Guarantee Act in favour of cash transfers ("Rural Inefficiency Act", ToI, 23 October). It's surprising-and amusing-that two eminent economists have chosen to make a case based on prior beliefs and some sophomoric wordplay ('mis'leading economists), rather than on the available evidence. A survey by one of us of the empirical literature...
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