-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
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Cabinet clears new Lokpal Bill-Liz Mathew and Anuja
-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to bring CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore. The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the money for...
More »Corruption, landlessness drive farmers out of Latehar-Anumeha Yadav
-The Hindu MGNREGA records manipulated; workers’ wages siphoned off from accounts Rankikalan (Jharkhand): At noon on Tuesday last, a dozen men gathered on the banks of the Auranga near Rankikalan village in Latehar district. As they performed the dashmirites, the wailing from the huts in the village continued. Bhuiatoli village had lost 23 men, women and children when the truck in which they were returning to the village after working on landlords’...
More »Despite drawbacks, MGNREGS tops in job creation-AV Ragunathan
-The Hindu Hailed as path-breaking, the scheme completes seven years on February 2. Six districts were chosen as part of the first phase in 2006. As in other parts of the country, the scheme has thrown up several issues such as livelihood security and gender empowerment. Starting today, we will be carrying a series of field reports. VILLUPURAM: Divergence of views prevails over the implementation of the Mahatma Gandhi National Rural Employment...
More »A 'Cost-Benefit' Analysis of UID-Reetika Khera
-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic Growth on...
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