-Business Standard The govt has in place regulations that systematically calculate less than the payable compensation New Delhi: The Union government has been understating the compensation that workers should get under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the delay in payment of wages. Not just that, only a portion of this understated compensation is being paid to the beneficiaries across the country. According to the job guarantee scheme,...
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40,000 'erroneous' payments in Aadhaar-linked subsidy disbursal in Karnataka
-The Hindu ‘Banks told to re-verify and retrieve these payments if found to be erroneous’ Karnataka: The input subsidy that the State government paid to a farmer, Venkatamma, has been debited to one Vincent Rajkumar’s account. This is one of the nearly 40,000 suspected erroneous payments in the first-ever Aadhaar Enabled Payment System (AEPS) disbursal of input subsides — given as part of drought relief — to around 18 lakh farmers...
More »Non-payment of due MGNREGA wages recurred in 2016-17
The focus on MGNREGA got renewed when the Finance Minister Shri Arun Jaitley during the presentation of Union Budget 2017-18 increased allocation under the programme to Rs. 48,000 crore (B.E.), up from Rs. 47,499 crore (R.E.) in 2016-17. However, it has been noticed by the Inclusive Media for Change team that nearly Rs. 9,748.7 crore of due payment during the last financial year is still pending, as on 2 April,...
More »Database limited, more complete information by next year: Chief Statistician TCA Anant -Aanchal Magazine & Anil Sasi
-The Indian Express On the credibility of quarterly data releases, Anant underlined “it is a careful statistical exercise” and that in many areas, “more complete information would be available in many ways by next year”. Facing criticism that GDP growth estimates by his office of 7 per cent for the third quarter ending December 2016 sharply overshot most projections — even those in the Economic Survey and by the RBI — India’s...
More »Banarasi sari industry in trouble as traditional credit vanishes after note ban -Omar Rashid
-The Hindu The ‘batta’ system of rolling financing has shrunk as money cannot be withdrawn from banks, and bearer cheques pile up Varanasi: For the already distressed weavers and poorly paid labourers in the famous Banarasi sari industry, demonetisation has come as a crippling blow. Withdrawal limits of Rs. 50,000 on current accounts (around a 10th of the actual requirement in the trade) and falling business post November 8 have constrained traders from...
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