-Livemint.com The rural jobs scheme will be cost-effective only if assets created are of sufficient value to the poor, says bank New Delhi: Unless India’s rural job guarantee scheme can be turned around to create valuable assets, Transferring cash directly to intended beneficiaries could reduce poverty faster, the World Bank said on Tuesday, joining an ongoing debate on the effectiveness of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In its...

-The Telegraph New Delhi: A network of 293 ground motion sensors located across northern, eastern and northeastern India lay crippled during Nepal's 7.9 magnitude earthquake and its aftershocks, handicapping researchers trying to assess how the quakes affected cities and towns in these regions. No one knows how many of the 293 sensors designed to measure ground acceleration during earthquakes were actually recording data during the weekend earthquakes because funding for maintenance of...

-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...

-Business Standard Even as country stares at a possible drought, Mahatma Gandhi National Rural Employment Guarantee Scheme has hit a new low At a time when rural India is in distress, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend...

-Down to Earth The Centre's decision to reduce Panchayati Raj Ministry's budget and Transfer its schemes to states has left the ministry bewildered about its job and caught states unprepared for devolution of power IS IT Prime Minister Narendra Modi's initiative to devolve power to states and allow them to design their development programmes according to their priorities, or to make irrelevant a ministry that was created under the regime of the...