-The Hindu Business line It must focus on human security and societal development rather than feed the avarice of a golden ghetto minority The discipline of economics has long been obsessed with gross domestic product as the base measure of development. Contemporary economic globalisation and its dominant neoliberal ideology see other considerations as not worth more than a passing glance. Neoliberalism, which used to be referred to as the Washington Consensus, was promoted by...
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Govt pares MNREGA compensation for delay in payment of wages -Nitin Sethi & Sahil Makkar
-Business Standard The govt has in place regulations that systematically calculate less than the payable compensation New Delhi: The Union government has been understating the compensation that workers should get under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the delay in payment of wages. Not just that, only a portion of this understated compensation is being paid to the beneficiaries across the country. According to the job guarantee scheme,...
More »Why Punjab needs incentives, not loan waivers -PK Joshi, Tajuddin Khan & Avinash Kishore
-The Financial Express Punjab farmers would benefit if the state govt subsidised the adoption of appropriate technology and diversification of crops. The newly-elected government in Punjab is considering a loan waiver for farmers to reduce agrarian distress. According to the recent Situation Assessment Survey of Farmers (SASF), the average outstanding loan is nearly three times higher in Punjab compared with the rest of India (Rs 3.31 lakh versus Rs 1.22 lakh). Farmers...
More »How MGNREGS Can Help The Rural Poor 'Step Out' Of Poverty And Climate Vulnerability -Koyel Kumar Mandal
-HuffingtonPost.com A safety net for the poorest and most vulnerable populations. Recently there has been a lot of debate in academic and policy circles about mainstreaming climate concerns in development programs in order to build the resilience of vulnerable communities. One such development initiative is the Mahatma Gandhi National Employment Guarantee Scheme (MGNREGS), whose main objective is to reduce rural poverty by providing a legal guarantee of 100 days' paid labour...
More »'13.5 crore Aadhaar accounts compromised' -Mayur Shetty
-The Times of India MUMBAI: Cyberspace security experts are worried about the risk to customers using Aadhaar numbers and one-time passwords for authentication of Financial transactions after it was revealed that a large cache of Aadhaar numbers had become public. Bengaluru-based think tank, Centre for Internet and Society (CIS), has published a report highlighting how 13.5 crore Aadhaar accounts have been exposed by government departments. The report, by Amber Sinha and Srinivas Kodali,...
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