-The Hindu FM allocates Rs.48,000 crore for MGNREGA; says it will be brought under digital scrutiny The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), once described by Prime Minister Narendra Modi as a “living monument of the UPA’s failure,” got its highest ever allocation — Rs.48,000 crore — since its inception over a decade ago.   Finance Minister Arun Jaitley, however, indicated that the funds dispensed would come under increased digital scrutiny. “The...

-NDTV The "highest ever allocation" to NREGA (which also led to it trending on Twitter)  in the Union Budget has provided a useful opportunity to raise some pressing issues related to the implementation of the scheme. It is natural, and welcome, that the government turn to NREGA to provide much-needed relief to those whose already precarious lives have been disrupted by demonetization, a man-made economic disaster. Widespread reports of job losses...

-The Economic Times PUNE: Farmers are highly disappointed with Budget 2017 alleging that the Prime Minister has not done enough to fulfill his pre-election promises made to the farming community. The announcement of increasing farm credit to 10 lakh crore may not help much the small and marginalised farmers, who are outside the banking network. "About 60% of the farmers are outside the banking system. They depend upon the informal sector for loans....

-The Indian Express The scheme grants Rs 6,000 to pregnant and lactating women who go for institutional delivery and vaccinate their children. The much-talked about maternity benefit entitlement of Rs 6,000 per woman, announced by Prime Minister Narendra Modi on December 31, 2016, has received a meagre allocation of Rs 2,700 crore. This is not even a quarter of the estimate drawn up by civil society groups that have been long demanding...

-The Telegraph New Delhi: The Demonetisation Demon will gouge India's economic growth in 2016-17 by at least half a percentage point, chief economic adviser Arvind Subramanian told reporters after presenting the Economic Survey a day before the budget. Subramanian, who was voicing his views for the first time on the deeply polarising subject of demonetisation, rejected the dire prophecies of other Oracles, including his former employer, the International Monetary Fund, that projected...