About four years after its first survey on the implementation of the National Rural Employment Guarantee Act in Orissa's hinterlands that showed large-scale defalcation of money, the Delhi-based NGO Centre for Environment and Food Security today in its second performance audit revealed that 67 per cent of very poor Dalit and tribal households in Orissa and UP did not get even a single day of the NREGS employment during previous...
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Supreme Court stays Kerala rice scheme order by J Venkatesan
The Govt. had extended Rs.2-a-kg rice to all Ration Card holders The Supreme Court on Wednesday stayed implementation of the Kerala Government's February 25 order extending its subsidised rice distribution scheme (at Rs.2 a kg) to all Ration Card holders in the State so as to benefit 40 lakh people. A Bench of Justice Altamas Kabir and Justice Cyriac Joseph rejected the State's submission that the extended scheme was now being implemented,...
More »Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
More »DMK's free lunches turn costly by N Madhavan
Eighty labourers, both men and women, are at work at Thiruvanduthurai village in Tiruvarur district of Tamil Nadu, about 325 km south of Chennai. They are digging a pond - about an acre wide and six feet deep - funded under the Mahatma Gandhi National Rural Employment Guarantee Scheme, or MGNREGS. Outside the work perimeter, two middle aged men look on, worried. P. Murugan and K. Govindaraj are farmers from the...
More »Money where the mouth is by E Somanathan
As of 2006, over 43% of Indian children under five were malnourished, a rate that has barely budged since the early 1990s. This gives India the dubious distinction of having the highest percentage of malnourished children in the world. There are at least 53 poorer countries with lower malnutrition rates, including Bangladesh, Nepal, Haiti and several African countries. At Independence, India was poor, so it wasn’t thought possible to guarantee...
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