-The Business Standard Why government policy and jobless growth have let inequality worsen in recent times The Forbes list of billionaires features 55 Indians in 2013. The estimated net worth of only the top ten is $102.1 billion or approximately 5.5 per cent of India's gross domestic product. Paradoxically, every third poor person and every second malnourished child in the world is also an Indian. India also adds 7.5 million babies with...
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Mandatory CSR in India: A Bad Proposal-Aneel Karnani
-Stanford Social Innovation Review Looked at from the perspective of the political right, and the left, and the center, the proposed law making CSR mandatory is a really bad idea. Companies all over the world are under increasing pressure to demonstrate that they are responsible citizens, with about 70 percent of large companies in Europe and the Americas reporting on their corporate social responsibility (CSR) initiatives. Despite this, the very concept...
More »NREGA benefited marginal farmers, reveals survey
-The Hindustan Times After a report by the government's auditor (CAG) last month that slammed the UPA's flagship right to work scheme, a survey by an NGO says that MG-NREGA has been successful in improving quality of land and generating extra income for marginal farmers. The survey in six states - Andhra Pradesh, Chattisgarh, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh - by Sambodhi, a Delhi based NGO is in collaboration with...
More »'Many using MGNREGS labour for their land shifting to horticulture'-Sreelatha Menon
-The Business Standard 42% households that sought employment under MGNREGA and on whose land work was undertaken, did not come back to work on MGNREGA According to a study by the United Nations Development Programme (UNDP) and non-governmental organisation (NGO) Sambodhini, 11 per cent of those who used labour under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for work on their fields recorded a shift from traditional agriculture to horticulture. The...
More »ED may probe Saradha scam’s hawala connection -Sanjib Kr Baruah
-The Hindustan Times The Enforcement Directorate will "look with interest" at instances, if any, of tainted money being sent abroad through the illegal hawala channel in the Saradha Realty case, of which, there is significant possibility, ED sources told HT. Reports said that a substantial chunk of money had found its way to Dubai through hawala with the money being suspected to have been ploughed into the real estate sector. ED's investigations...
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