-Business Standard The Centre's expenditure on the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in 2015-16 was around Rs 43,848 crore, 22 per cent more than the Rs 36,025.04 crore incurred in the previous financial year. However, a statement by the Rural Development Ministry said Rs 56,000 was incurred on the scheme in 2015-16, but of this Rs 12,152 crore was paid in 2016-17 as arrears. This payment would now have to...
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Cabinet clears Rs 6,000 crore package for textiles, apparel
-PTI The government approved on Wednesday a Rs 6,000-crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attracting investments of $11 billion and generating $30 billion in exports. The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing. “Over the last few years, apparel...
More »Does good monsoon mean big consumption boost? -Mayank Mishra
-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...
More »RTI, RTE and rising aspirations -Anuradha Raman & Mehboob Jeelani
-The Hindu In a sign of change, mothers wage a relentless battle to get their children admission to the seats reserved for the poor in private schools. New Delhi: In her tiny room with a grey refrigerator and a wall-mounted television set, Babita opens up about her dreams. “My children should learn to speak in English,” she says. Two of her children study in private schools, and another in a government school. Private...
More »Nikhil Dey of Mazdoor Kisan Shakti Sangathan (MKSS) speaks to Civil Society
-CivilSocietyOnline.com For the past decade state governments have launched a series of Internet-based initiatives to deliver services more efficiently. Technology has been seen as the best way of bypassing red tape and corruption in the system to reach the poor directly with benefits. Beneficiaries are identified through biometrics and a series of tech solutions like smart cards, micro ATMs and so on. The result of these efforts is that India is...
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