The Centre is likely to ask states to devote 2% of the funds allocated to them under its flagship rural employment guarantee scheme for providing easy banking services to the rural poor. A funding crisis had hit the government's earlier effort to leverage the banking correspondent, or BC, model for the beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) after banks refused to bear the cost of...
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UPA Govt's NREGA back on table for removing flaws by Devika Banerji
New rural development minister Jairam Ramesh is working to overhaul the United Progressive Alliance's six-year old flagship rural jobs programme to rid it of all 'manmade' flaws and make the job entitlement more demand driven. The Mahatma GandhiNational Rural Employment Guarantee Act (MGNERGA), which costs the government Rs 40,000 crore a year - the largest spend on any social welfare scheme - played a key role in catapulting theUPA government...
More »Law vs governance
-The Business Standard Food security cannot be ensured by FCI and the existing PDS Successive drafts of the food security Bill seem to agree on one thing: a greater role for the Food Corporation of India (FCI). FCI buys grains at the minimum support price and distributes them through fair price shops and other food-related schemes like midday meals in schools and children’s nutrition as part of the Integrated Child Development Services....
More »Food subsidy bill shoots up by a whopping of Rs 34,738 cr by Prabha Jagannathan
The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....
More »UP babus loot Rs3,700cr rural health funds by Pravin Kumar & Shailvee Sharda
LUCKNOW: In Uttar Pradesh, over Rs 3,700 crore of central health funds may have been systematically looted over the past six years. Many people, including Rahul Gandhi, had spoken of the NRHM bungle, but the size of the scam indicates that not only were officials at the level of CMO and above involved, but also this could not have been carried out without the knowledge and support of their masters....
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