-The Hindu Financial details of 153 sitting MPs analysed by ADR-National Election Watch The average financial Assets of 153 re-elected Lok Sabha MPs grew by 142%, from ?5.5 crore in 2009 to ?13.32 crore in 2014, according to an analysis by National Election Watch and the Association for Democratic Reforms. E. T. Mohammed Basheer of the IUML declared the highest jump of 2,018% (an almost 22-fold surge), followed by the TMC’s Sisir...
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'Access to formal credit increases income of farmers' -TV Jayan
-The Hindu Business Line Letting farmers use Kisan Credit Card for non-farm use for a limited time can help improve credit facility to small farmers The returns earned by farmers, who have access to formal credit, are on an average 17 per cent higher than what farmers, who are dependent on informal sources including loan sharks, earn, said an agricultural economist. Besides, access to institutional credit increases the per capita monthly consumption expenditure...
More »A meaningful safety net for the poor -Kirit Parikh
-The Indian Express Government’s scheme to pay Rs 6,000 every year to poor rural households will increase their expenditure, reduce poverty by 10 to 20 per cent in many states. In the last week of February, the government launched a scheme to pay Rs 6,000 every year to poor rural households who own less than 2 hectares of land. The scheme will have an annual outlay of Rs 75,000 crore. The...
More »MGNREGA Workers Not Paid for Months, FIRs to be Lodged Against PM Modi - Tarique Anwar
-Newsclick.in The additional funds of Rs 6,084 crore released recently will go into clearing the backlog of pending liabilities. Contrary to the claims of highest ever allocation to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the social security scheme that aims to guarantee the right to work is facing severe fund crisis – with state governments left with no funds to pay workers. From October 2018 to February 1, no...
More »How NREGA helped in rebuilding Kerala, as well as provided livelihood to people -Shiba Kurian
-TheNewsMinute.com According to Divya Iyer, Mission Director, the beneficiaries under the scheme helped restore several public Assets, all of which were rendered useless after the floods. The Kerala floods were a watershed moment for the state and its people in every sense, some for the good and some for the worse. While it claimed several lives and destroyed properties, it also left several people looking for livelihood options. And post the...
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