Jharkhand has pulled off a remarkable turnaround in funds utilisation for the Centre’s flagship rural employment scheme, spending around Rs 500 crore in just over four months after September 2009 when it was pulled up by the MGNREGS director in New Delhi for poor implementation. Of Rs 1,600 crore allocated so far to the state under the Mahatma Gandhi National Rural Employment Scheme for the current fiscal (April 2009 to...

The aftershock of the global financial crisis threatens to deprive millions of children in the world’s poorest countries of an education, the 2010 Education for All Global Monitoring Report warns. With 72 million children still out of school, a combination of slower economic growth, rising poverty and budget pressures could erode the gains of the past decade. “While rich countries nurture their economic recovery, many poor countries face the imminent prospect...

The Planning Commission, the country’s apex planning body, is gradually reconciling to the fact that there would be no large gains in the gross budgetary support (GBS) in budget 2010-11, as the government struggles to reduce fiscal deficit. GBS is the money the Union government allocates to various government programmes through the Union budget. “The major objective of the finance ministry is to bring down the fiscal deficit from 6.8% of...

A landless labourer dies on Christmas day after going without food for five days. Neither he nor his wife, who was a job card holder under the National Rural Employment Guarantee Scheme, knew they could demand work or avail of unemployment benefits as a right It was a death that could have been avoided. Kishen Singh, a 45-year-old landless labourer, died of hunger in Champakheda village in south Rajasthan. What...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...