In this year's budget, Union Finance Minister Pranab Mukherjee has essentially tried to consolidate the gains from the initiatives he had launched during the previous two budgets. Thus, in agriculture there is no new initiative except increasing the target for agricultural credit to Rs.5,75,000 crore during 2012-13. This represents an increase of over Rs.1,00,000 crore from last year. The interest rate of four per cent recommended by the National Commission...

MGNREGS figures register a decline in desert State; Haryana forges ahead in the race Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the much talked about flagship programme of the United Progressive Alliance government, losing steam in Rajasthan? Doubts over the credibility of the scheme have sprung up in the State that ironically pioneered the right to employment movement in the country. Today Rajasthan lags behind its neighbour Haryana in...

The Economic Survey has warned that more than half the population is dependent on a sector whose share in the economy is shrinking, leading to a bigger urban-rural divide and threatening national food security.  "Achieving minimum agricultural growth is a prerequisite for inclusive growth, reduction of poverty levels, development of the rural economy and enhancing of farm incomes," the Survey has said.  But it offers no path-breaking solutions on how to meet...

-IANS   Calling for effective measures to improve the efficiency of social sector programmes, the Economic Survey for 2011-12 has suggested extending the government's ambitious rural jobs scheme to urban areas, strengthening panchayati raj institutions (PRIs) and skill improvement for enhanced employability. The survey, which was presented by Finance Minister Pranab Mukherjee in parliament Thursday, said that programmes like Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have been instrumental in creating employment...

-The Economic Times   Could the Centre freeze the job guarantee scheme during peak agriculture season?  The controversial demand from the agriculture ministry found an echo in the Economic Survey released on Thursday, but was quickly dismissed by rural development minister Jairam Ramesh. While lauding the flagship scheme, the survey listed a few other measures as the way forward. "While the overall performance of MGNREGS has been good, there is scope for improvements...