-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...

-The Financial Express The rural development ministry has identified unrealistic planning at gram panchayat level, lack of quality assets created, inadequate capacity of functionaries, inadequate technical staff, lack of monitoring and delay in wage payment, as factors adversely impacting the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The report on performance, initiatives and strategies (FY15-16 and FY16-17) for MGNREGA released by the rural development ministry also identified issues...

Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...

-Livemint.com Delays in payment and indifferent implementation, among other reasons, have blunted the programme’s effectiveness Procedural lapses have marred the implementation of the state-funded job guarantee programme aimed at alleviating rural distress in India, according to a review of the scheme in eight states by the rural development ministry. While delays in disbursal of funds for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have held up wage payments in Madhya...

-Livemint.com There is an emphasis on increasing farm productivity, but this might not always align with greater profitability While inaugurating the Krishi Mela at the Indian Agricultural Research Institute in March, Prime Minister Narendra Modi appealed for a “three-pillared” approach to farming, which included crop farming, agro forestry—that is, planting timber trees along farm peripheries—and animal husbandry. This is an important enunciation of how Indian agriculture works as an integrated system in...