-Live Mint The scheme represents Rs.2.3 trillion spent on wasteful rural consumption This week marked the eighth anniversary of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the United Progressive Alliance (UPA) government's key rural intervention, launched in 200 districts initially in February 2006. To the extent that such populist schemes helped raise wages without raising productivity. They have contributed more to inflation than to rural wealth. Worse, such schemes have...
More »SEARCH RESULT
Restoring the pulse -Devesh Roy & PK Joshi
-The Financial Express Price-policy initiatives and technological innovations show promise, given the record output of pulses in 2013 Rising Incomes and urbanisation, unfolding globalisation and changing tastes are leading to diversified consumption baskets. There is greater uptake of dairy products, meat, vegetables and fruits among Indian consumers while the converse is true for cereals and pulses. Amidst these, protein consumption has taken a hit while fat intake has been rising. A recent...
More »Living on a thin edge -Devinder Sharma
-Deccan Herald In the past seven years around 3.2 crore farmers have abandoned farming and taken up menial jobs in the cities. At a time when change is the buzzword on the political landscape, when cities are changing, and the villages are no longer what they used to be; when Incomes are rising for an educated few, and when the bottom of the pyramid - those below the poverty line -- are...
More »When the burden falls on the poor-Arun Kumar
-The Hindu Policies being pursued in India are based on the growth-at-any-cost model. The poor and the enviroment suffer while the corporates and organised sectors reap the benefits The Aam Aadmi Party, having won the trust vote, is now in the saddle in Delhi. By announcing several measures to benefit Delhiites, it had already impacted the political discourse in the nation. The established political parties are trying to follow suit. Why did...
More »Failing to build on success -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line Whatever the criticisms against the UPA government may be, its effort to provide employment to large sections of the population under the Mahatma Gandhi Rural Employment Guarantee Act must be lauded. Yet, after the initial success of the scheme, the enthusiasm of the Central government itself seems to have diminished in its second term in power. How palpable is the shift to lower gear? Representatives of the UPA...
More »