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Accountability in spending

The late Rajiv Gandhi famously, or infamously, once claimed that only 15 per cent of the funds allocated to welfare programmes ever reached the intended beneficiaries. The rest leaked enroute, entering the pockets of an assortment of intermediaries. This is a thought that the Union finance minister must always remember, especially when he sits down to allocate funds for an assortment of subsidies and some of the high-profile spending programme...

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Rural work scheme cuts spend, wants more cash by Sreelatha Menon

The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the United Progressive Alliance government’s flagship programme, has so far spent just 56 per cent of its Budget allocation of Rs 40,000 crore. It has also recorded a fall in the average number of workdays per household this financial year. Government managers are asking for a 60 per cent rise in allocation for the scheme in the next financial year. Rs 20,854...

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Kind to cash by Richard Mahapatra

The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...

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Census 2011 will begin on February 9 by Vinay Kumar

Query on SC, ST status included; caste-based enumeration from June to September 2011 Census 2011, billed as the largest peacetime mobilisation in the world, will see the massive exercise of population enumeration across the country simultaneously, between February 9 and 28. Registrar-General and Census Commissioner C. Chandramouli said on Wednesday that the biggest-ever census attempted in the history of mankind to enumerate the country's 1.2-billion population would be conducted across 35...

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Microcredit in Bangladesh 'helped 10 million'

Microcredit lifted 10 million Bangladeshis out of poverty between 1990 and 2008, according to a report. The work of Grameen Bank and others helped many families to raise their income above $1.25 a day, said the US-based Microcredit Summit Campaign. The study follows recent criticism of microfinance, which works by providing small loans to people to invest in generating their own incomes. Some experts argue the report may have missed the bigger picture. They...

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