Spectre of drought haunts the nation! More than 40 percent of districts are affected by drought this year. Drought is expected to affect the prospect of crop production and livelihood of agriculturalists. According to an estimate made by the India Meteorological Department (IMD), 283 districts out of total 640 districts are affected by drought. In such districts, rainfall deficiency this year has been in the range of -20 percent to...

-The Hindu The Union Cabinet gave ex post facto approval on Wednesday to provide an additional 50 days of work to Mahatma Gandhi National Rural Employment Guarantee Scheme beneficiaries during the current financial year wherever drought or natural calamities have been notified. The scheme guarantees 100 days of work. The decision will enable the States to provide additional wage employment to the rural poor in drought-affected areas, the release said. “The poorest...

-The Times of India NEW DELHI: With India's 40% of the area facing drought situation due to deficient Monsoon rainfall, the government on Wednesday approved additional 50 days of employment over and above 100 days per household per year under the MGNREGA in drought affected areas. The move to increase the days of employment from 100 days to 150 days was approved by the Union Cabinet, which met under Prime Minister Narendra...

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-The Hindu Business Line NITI Aayog’s Arvind Panagariya on why allowing the Ordinance on land acquisition to lapse will not hinder the reforms process “With the lapse of the Ordinance amending the Land Acquisition Act, 2013, it is an opportune time to take a fresh look at the land acquisition issue and look for ways forward,” Arvind Panagariya, Vice-Chairman, NITI Aayog, wrote in his blog. Tasked with the responsibility of setting up...