-Down to Earth This decision is expected to address the delay in transfer of funds from the Centre to states A decision to transfer funds for India’s flagship employment guarantee scheme in real time will be taken soon. This is expected to end the procedural delay in fund transfer for the scheme to states, a factor known to be behind its poor implementation. It will enable states to get their share of...

-The New Indian Express KOTTAYAM: There is a sharp decline in money-borrowing from local money lenders and private lending institutions in Ernakulam since the commencement of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), says a study conducted by the School of International Relations and Politics (SIRP) at the Mahatma Gandhi University here. The MGNREG scheme has made headway in Ernakulam district, stresses the Impact Assessment Study conducted by the SIRP...

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

-The Hindu With unseasonal rain laying waste vast areas under the rabi crop in north India earlier this year and the threat of a deficient monsoon looming, the Mahatma Gandhi National Rural Employment Guarantee Scheme could act as a real salve for distressed farm workers and labourers. The World Bank’s brief statement on the scheme on Tuesday to this effect, as part of its latest India Development Update, concurs with recent...

-Livemint.com The rural jobs scheme will be cost-effective only if assets created are of sufficient value to the poor, says bank New Delhi: Unless India’s rural job guarantee scheme can be turned around to create valuable assets, transferring cash directly to intended beneficiaries could reduce poverty faster, the World Bank said on Tuesday, joining an ongoing debate on the effectiveness of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In its...