-The Asian Age As one listened to finance minister Arun Jaitley deliver his third Budget speech, the overwhelming impression that was sought to be created was along anticipated lines. Here was a government whose heart was bleeding for the hapless farmer toiling in the fields, the agriculturist whose livelihood has been all but destroyed by two successive monsoon failures. Here was an administration whose representatives were concerned about the “curse of...
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Be cautious on new accounting system: CGA -TCA Sharad Raghavan
-The Hindu The new method provides a more accurate picture of a company's financial position. It is also more complex, expensive and time-consuming. The Controller General of Accounts has asked the government to be careful in adopting the accrual method of accounting considering the costs involved as only a few of its departments can benefit. “We should tread this subject in a careful manner. There is no such thing as a big-bang approach....
More »Rural households have higher debt than urban counterparts: NSSO report -Jitendra
-Down to Earth The debt in rural households is higher, even though their total assets are lesser than urban households A new survey by the National Sample Survey Organisation (NSSO) shows that rural households have higher debts than their urban counterparts. At the same time, an urban household owns more than double the asset than that of a rural household. A rural household, on an average, owned assets of Rs 10...
More »The 'making' of rural India -Aruna Roy, Nikhil Dey and Shankar Singh
-Deccan Herald Just recall the scene in parliament when the National Rural Employment Guarantee Act was passed in 2005. In Lok Sabha, Speaker Somnath Chatterjee put forth the motion – “Those in favour, say aye” – a unanimous chorus rose from the packed Lok Sabha. “Those against, say no,” – there was dead silence. “I think the ayes have it!” he said – and a seminal, landmark legislation became a reality. As then...
More »Drought-hit Odisha, Andhra and UP in Urgent Need of Funds to implement MGNREGA
-TheWire.in New Delhi: Come February 2, representatives of various states will visit Vigyan Bhawan in New Delhi for the “Mahatma Gandhi NREGA Sammelan”, the annual ritual that celebrates the one-of-a kind rural employment scheme of the Government of India – the MGNREGA. However, along with sharing good practices for effective implementation of the scheme, it looks like representatives of at least 12 states will also highlight the need for the Centre to...
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