-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...
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Women wary of anti-poverty schemes -Deepti KC
-The Hindu Business Line They drop out on account of cultural taboos and lack of follow up efforts by implementing agencies Despite opportunities and systematic community-driven handholding support from the Government and non-government bodies, women might still choose not to participate in the economic development process. Under the purview of the National Rural Livelihoods Mission, the world's largest poverty alleviation initiative, the Government and NGOs are targeting women from the poorest households...
More »MGNREGA is unwell -Martin Ravallion
-The Indian Express India's 2005 Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) creates a justiciable "right to work" by promising up to 100 days of wage employment per year to all rural households whose adult members volunteer to do unskilled manual work. Employment is provided in public works projects at a stipulated wage. The Central government proposes to allow a greater share of the cost of projects under the scheme to...
More »Is the proposed restructuring of MNREGA desirable? -Ashwini Kulkarni
-Livemint The proposed changes in MNREGA will undermine the very reason for which the Act was passed The present central government of India rode high into the office, promising development with good governance. This certainly was a welcome signal to organizations like ours working at grassroots who experience, day after day, that good-intentioned social policies get stuck in ill-designed programmes. There is a huge governance deficit in the delivery of social development...
More »Now, Centre to cap subsidy on cooking gas -Jyoti Mukul & Sudheer Pal Singh
-The Business Standard So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders. So far, there was a cap on the number of subsidised cylinders alone, not on the subsidy. Union Petroleum Minister Dharmendra Pradhan told Business Standard a...
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