-Down to Earth The 2016 Budget has the right intent for the rural sector, but lacks clarity Union finance minister Arun Jaitley devoted a major part of his third budget speech to “transform India” and of the nine pillars to achieve the goal, three were on strengthening the rural sector. Altogether, the rural sector (including irrigation and agriculture) received close to Rs 200,000 crore this Budget, which makes one point clear:...
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Budget 2016: Ahead Of Polls, Government's Big Boost For UPA's Job Scheme MGNREGA
-NDTV Profit New Delhi: The BJP-led government has once again bumped up the allocation for the rural jobs guarantee scheme MGNREGA, once described by Prime Minister Narendra Modi as "living proof of the Congress party's failure." In Budget 2016, the MGNREGA scheme or Mahatma Gandhi National Rural Employment Guarantee Act has been allocated Rs. 38, 500 crore ahead of important elections in five states this year. "If this is spent, it will be...
More »Women missing from India’s workforce, says economic survey -Ashwaq Masoodi
-Livemint.com The Labour Force Participation Rate for women is significantly lower than that for males in both rural and urban areas, according to the survey New Delhi: In both rural and urban India, women are not present in significant numbers in the labour force, according to the Economic Survey 2015-16. Even though the proportion of the economically active population (15-59 years) increased from 57.7% to 63.3% between 1991 and 2013 (Sample Registration...
More »Budget 2016: Aadhaar project to be given statutory backing -Shreeja Sen
-Livemint.com The move to introduce a law to bring statutory backing for Aadhaar will clear decks for Jan Dhan Yojana, Aadhaar and Mobile number aimed at expanding access to financial services New Delhi: Statutory backing for the Aadhaar unique identification scheme will be introduced during the financial year 2016-17, finance minister Arun Jaitley said on Monday in his budget speech. The bill will be introduced in the current budget session. The government’s...
More »Economic Survey recommends using MGNREGA to revive water bodies -Jitendra
-Down to Earth Revival will lead to an increase in the net irrigation potential Noting that poor irrigation capacity is impacting agriculture during two consecutive drought years, Economic Survey 2015-16 has suggested utilising the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for efficient revival and maintenance of community assets such as tanks and other water bodies. The work will include desilting and repair of water bodies used for irrigation. According to...
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