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CAG says in process of finalising report on KG-D6 gas fields

-The Economic Times   Government auditor CAG today said it is in the process of finalising its report on Reliance Industries'sKG-D6 gas fields. Refuting allegation by theReliance Industries that it was not given enough time to respond to the audit observations, Comptroller and Auditor General of India Vinod Rai said, "We have given Reliance enough time to respond... it (the CAG report) is in the process of being final". Rai was responding...

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Ramesh for BC Model for payment of MGNREGA wages

-PTI   Union Rural Development Minister Jairam Ramesh today suggested the Rajasthan government to implement Banking Correspondent (BC) Model in the state for payment to MGNREGA workers in time. Ramesh, while attending a meeting with Rajasthan Panchayati Raj Minister Bharat Singh and social activist Aruna Roy, he said delay or late payment of wages discourages MGNREGA labourers and attributed this to absence of banks outside district headquarters. He said the BC...

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Prof. Reetika Khera interviewed by The Economic Times

Matter begins: What is the impact of the National Rural Employment Guarentee Act on rural wages? That is the question that the pundits are asking today. It's a query which feeds into a larger question. Six years have passed since NREGA became a legal reality. What is its village-level impact? It's a complex question to answer. NREGA undertakes to provide employment to anyone who asks for it. Which makes it...

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States with poor off-take of special PDS food grains may lose quota by Gargi Parsai

States which do not lift their special allocation of food grains will lose their quota, warned Minister of State (Independent Charge) K.V. Thomas here on Wednesday. In his meeting with the Food Ministers of seven States, the Minister said the lifting of 15 million tonnes of specially allocated food grains since January was only 40 per cent in these States. “I have told the State representatives that if the lifting is...

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Ramesh plans bank for women SHGs by Ruhi Tewari

To promote self-employment among people living below poverty line (BPL), particularly women, the rural development ministry proposes to set up a dedicated national bank for women self-help groups (SHGs) and also lower the interest rate on the credit they receive from any nationalized bank. Rural development minister Jairam Ramesh on Monday said he will soon take up both these proposals with the finance ministry. “We have proposed a detailed paper for a...

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