-Livemint.com The government expenditure on MGNREGS in 2017-18 was nearly Rs. 25,000 crore more than what was spent in 2013-14 New Delhi: The national rural employment guarantee scheme saw a record expenditure of Rs63,887 crore in 2017-18, the highest since it was launched 12 years ago, showed data provided by the government on Monday. However, high demand for work from rural households in a normal monsoon year (2017) also suggests acute rural distress,...
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MGNREGA wage rates have not risen for 9 states including Bihar, Jharkhand & U.P.
-Press release by NREGA Sangharsh Morcha dated 1 April, 2018 Hours after NREGA Sangharsh Morcha wrote an open letter (please click here to access) to the Rural Development Minister demanding notification of revised MGNREGA wage rates for 2018-19, the Ministry issued the employment guarantee act wage rates for the new financial year. Wage rates have not increased for some of the poorest states of the country – Bihar, Jharkhand and Uttar...
More »NITI Aayog release ranking of most backward districts -- 11 out of 20 are muslim concentrated -Mumtaz Alam
-CaravanDaily.com NEW DELHI: The Niti Aayog, new avatar of the erstwhile Planning Commission, has released a ranking of 101 most underdeveloped districts in the country. Mewat, a Muslim-dominated district hardly two-hour drive from the national capital, is country’s most backward district. The Aayog on Wednesday released a baseline ranking of 101 districts on the basis of 49 indicators across five sectors – Health and Nutrition (30% weightage), Education (30%), Agriculture and Water...
More »Govt eyes increasing millet output to 45 mt by 2030 -TV Jayan
-The Hindu Business Line Centre on a mission mode to promote these nutri-cereals New Delhi: The Centre is drawing up an ambitious plan to increase millet production in the country to 45 million tonnes (mt) by 2030 from the current levels of 17 mt, a senior Agriculture Ministry official said on Thursday. “The government would like to promote millets from this year onwards. This year has been declared as year of millets. Over...
More »Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
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