To invest the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) funds in a “fruitful” way, the state’s Department of Rural Development has decided to create a banana plantation over 1 lakh acres. The project will take off in July and will benefit around 1.5 lakh farmers, said Manoj Kumar Singh, the state’s Secretary of Rural Development and Horticulture and Food Processing. Singh was the Chief Guest of a “Mango Gosthi and...
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MP has maximum pro-poor schemes: CM
The Chief Minister Shivraj Singh Chouhan has said that Madhya Pradesh has maximum number of pro-poor schemes. The state is spending fifty percent of its budget for poverty alleviation. A provision of Rs. 15 crore has been made for organizing Antyodaya Melas so that the poor families get benefits at one place. He was addressing a function at Jamboori ground here today. The Chief Minister Shivraj Singh Chouhan was weighed...
More »Banks confident of meeting agriculture lending targets by Parnika Sokhi
Take a host of initiatives to ramp up presence in rural markets. With increased focus on directing funds towards agriculture, banks are confident of meeting their farm sector lending targets this financial year. “We had 60 rural branches last year and will take it to 125 by next month. This will give a major fillip to the agri lending business,” said S Chakrabarthy, deputy managing director, Axis Bank. According to the Trend and...
More »NAC undermined by Praful Bidwai
By stubbornly overruling the National Advisory Council, the government risks defeating its purpose as a body that speaks for the poor and the disadvantaged. HAS the Manmohan Singh government begun to regard the National Advisory Council (NAC) as an adversary who should be undermined? Going by their exchanges on key issues such as food security, wages under the National Rural Employment Guarantee Act (NREGA), and the implementation of the Scheduled Tribes...
More »The imbalance in gender budgeting by Bhumika Jhamb
The allocations earmarked for women as a proportion of the total Union budget outlay has gone up from 3% in 2007-08 (revised estimate) to 6.1% in 2010-11 (budget estimate) It will be seven years since the government, acknowledging a gender imbalance, introduced gender budgeting in 2005-06. Ever since then, the annual budget has been accompanied by a gender budgeting statement. An analysis of the last four Union budgets reveals two things....
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