-The Financial Express The Mahatma Gandhi National Rural employment Guarantee Act (MGNREGA), the world’s largest anti-poverty programme, reduced poverty and empowered women but its success has been limited due to lack of work in some of the poorest states, according to a recent report. Comparing two states, Chhattisgarh (strong programme implementation) and Bihar (weak), a study by the National Council of Applied Economic Research and the University of Maryland found that nearly...

-The Hindu The programme reduced poverty by up to 32 per cent and prevented 14 million people from falling into poverty. The Mahatma Gandhi National Rural employment Guarantee Scheme (MGNREGS) reduced poverty by up to a third and gave a large number of women their first opportunity to earn cash income, a new research has found. Officials from the Ministry of Rural Development (MoRD) and the National Council of Applied Economic Research (NCAER)...

Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

-The Hindu Business Line New Delhi: All India Kisan Sabha, the farmers’ outfit of CPI (M), has decided to hold a protest of the family members of farmers who committed suicide in the last one year. Families of about 100 farmers, who committed suicide, will sit in front of Parliament to protest the policies of the Narendra Modi Government on Monday. Alarming rise CPI (M) Polit Bureau member and AIKS General Secretary Hannan...