Accountability Initiative, Centre for Policy Research Budget 2023-24 will be unveiled on February 1. This brief examines the Government of India’s flagship rural employment programme. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). It was launched in 2006 and is the largest scheme of the Department of Rural Development (DoRD) under the Ministry of Rural Development (MoRD). It aims to provide 100 days of guaranteed wage employment to every rural...
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Indian banks gave more home loans than agricultural credit
In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »Women break new ground in Mahatma Gandhi National Rural Employment Guarantee Scheme -Sobhana K Nair
-The Hindu They make up 57.8% of the scheme beneficiaries in 2022-23 — a 10-year high; Bihar and U.P. record a high proportion of women workers The proportion of women workers participating in the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has touched a ten-year high in the ongoing financial year. According to the latest statistics available with the Union Ministry of Rural Development, 57.8% of the workers who used the...
More »Highest share of CSR funds went to education in 2016-21: Data -Saubhadra Chatterji
-Hindustan Times India Inc. has utilised the highest share of its mandated Corporate Social Responsibility (CSR) fund in the education sector, followed by health and rural development between FY16-17 and FY20-21, according to data available with the Union ministry of corporate affairs. During these five financial years, the education sector received ₹29,918 crore in CSR funds. The health sector received ₹2,0716 crore, and rural development and related schemes got ₹9,820 crore, the...
More »Fact check: Is the demand for MGNREGA jobs declining, as Finance Minister Nirmala Sitharaman claims? -Nidhi Jacob
-Factchecker.in/ Scroll.in MGNREGA is a social security and employment scheme which aims to provide at least 100 days of guaranteed employment in a year to every rural household. Union Finance Minister Nirmala Sitharaman, while addressing the Lower House of the Parliament on December 14, claimed that the demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act is declining. “There is now very obviously a declining demand for jobs in the...
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