Shifting the focus away from the Mahatma Gandhi National Rural Employment Guarantee Act, the Union Budget has sought to give greater thrust to it other flagship programme Bharat Nirman, covering six sectors, by allocating an additional Rs. 10,000 crore for 2011-12 to provide rural broadband connectivity to all the 2.5 lakh panchayats within the next three years. Finance Minister Pranab Mukherjee has made a total allocation of Rs. 58,000 crore, marking...
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With bananas, NREGA to ‘bear fruit’ at last by Surbhi Khyati
To invest the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) funds in a “fruitful” way, the state’s Department of Rural Development has decided to create a banana plantation over 1 lakh acres. The project will take off in July and will benefit around 1.5 lakh farmers, said Manoj Kumar Singh, the state’s Secretary of Rural Development and Horticulture and Food Processing. Singh was the Chief Guest of a “Mango Gosthi and...
More »Survey outlines reform agenda for accelerated growth by Ashok Dasgupta
Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...
More »Spike in food inflation a cause for concern, says Survey by Gargi Parsai
The sharp rise in food prices inflation will remain a major cause of concern as inflationary pressures on the domestic front are likely to be exacerbated by higher levels of global commodity prices, the Economic Survey has said. It also indicated that the political turmoil in the Middle East and the “easy money” policy being followed by developed nations trying to jump-start their own economies after the global recession of 2008-09...
More »NREGS and poverty alleviation: Teach them to fish! by Shreekant Sambrani
You see those hills?” Jamshed Kanga, an illustrious IAS officer, then divisional commissioner, Pune, asked the noted development economist John Lewis who was visiting him in 1972, pointing to the barren Sahyadri range behind his office. “I will break every one of those if necessary, but will not let a single person starve.” It was the worst drought in the history of independent India, with a monsoon deficit of 25%...
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