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The near death, and revival, of MGNREGS -Sanjeeb Mukherjee

-Business Standard Back-to-back droughts and record-low farm commodity prices have forced the NDA government to look at MGNREGS in a new light.Things have started to look up for the scheme About a year back, Raqibul Hussain, Assam's rural development minister, was unhappy because he could not stop the Central government from lowering the state's annual entitlement under the Mahatma Gandhi National Rural Employment Guarantee Scheme for 2014-15. This, he said in a day-long...

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A Union budget for the village -Himanshu

-The Indian Express Government must address the stress in the rural economy, seen in falling wages and incomes, which could reverse recent progress in rural areas Last year in February, Prime Minister Narendra Modi had exhorted voters to vote for his party in the Delhi assembly election, claiming that his victory in the general election had brought luck to the country. Unfortunately, the voters of urban Delhi were not convinced and...

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Arvind Subramanian, Chief Economic Advisor, interviewed by Business Standard

-Business Standard Indian economy is closely integrated with the global economy, which is facing a slowdown, and so the headwinds are difficult to avoid, Chief Economic Advisor Arvind Subramanian told journalists in an interaction after presenting the Economic Survey 2015-16. In this uncertain environment, monetary and fiscal policies should aim to purchase insurance, so to speak, against the global slowdown, he said. Edited excerpts: * In the backdrop of a global slowdown,...

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Budget expectations for rural sector

Amidst uncertainty over India's performance in terms of agricultural production and livelihood security of rural population, the Union Budget of 2016-17 will be presented by Finance Minister Shri Arun Jaitley on 29 February. Given the extent of drought in more than 10 states of India during 2015-16, it is expected that the NDA Government will allocate more resources for rejuvenating the rural sector. Since the country has seen two years of...

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Quantifying the caste quotas -Sonalde Desai

-The Hindu The lack of any established principles or credible data prompts demands for reservation such as those of the Patels and Jats.The solution lies in shuffling reserved categories. It is only when Jats, Gujjars or Muslims demand reservation, and particularly when these demands become aggressive, that our political system suddenly wakes up and takes notice. However, this notice is simply confined to ascertaining whether the specific group demanding reservation is worthy...

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