-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the money borrowed by it from foreign lenders through commercial banks, governments, or international...
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Corruption, Pending payments mar implementation of rural schemes: Parliamentary panel
-The Hindu Genuine labourers not getting their dues while money keeps changing hands due to collusion of unscrupulous elements, says report Fake job cards, widespread corruption, late uploading of muster rolls, and huge Pending payments for wages and materials are among the issues hampering the MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) scheme, apart from insufficient funding, according to a Parliamentary Standing Committee report submitted to the Lok Sabha today. The...
More »Questions on MGNREGA budget estimation -Laavanya Tamang and Anuj Goyal
-The Hindu How the Centre’s approach has eroded the very premise of MGNREGA The disappointing allocation for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the FY 2022-23 budget has created a buzz. Organisations such as the All India Kisan Sabha and NREGA Sangharsh Morcha (NSM) have raised concerns about the inadequacy of the amount. Grassroots activists and academics have been demanding higher budgetary allocations for MGNREGA; yet, the...
More »A cutback in PMFBY funding may further affect the timely release of compensation for crop failures
On February 18, 2016, India’s Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana. After its launch, the PMFBY was implemented by 21 states during kharif 2016, whereas in rabi 2016-17, 23 states and 2 UTs implemented the same. The Central Government launched the PMFBY in the kharif season of 2016 with the intention to help farmers cope with crop losses because of unseasonal and extreme weather....
More »Budget allocation defeats spirit of rural job scheme, says report -Achintya Ganguly
-The Telegraph NREGA Watch finds low funds, delayed wage payment defeating spirit Ranchi: Frustrating budget allocation, delayed payment of wages and contractors-middlemen-official nexus, among other factors, are defeating the spirit of the rural job scheme under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 in Jharkhand. A report card released on Wednesday by NREGA Watch, an NGO monitoring the scheme in the state, on the occasion of the 16th anniversary of commencement...
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