For women, the NREGA would bring important social gains Not being an expert on the subject and too lazy to read all the fine print, I do not know the exact allocations under the Mahatma Gandhi National Rural Employment Guarantee Act this year. But I gather the money has been cut down, largely because the sums allocated last year were not fully used by most states. Maybe there were other considerations...
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Zilla funds axe ‘political necessity’
-The Telegraph The Mamata Banerjee government’s move to appropriate the financial powers of the zilla parishads in North 24-Parganas, Nadia and Murshidabad has set the stage for battle in next year’s panchayat elections. Senior Trinamul leaders said with the financial powers gone, these three zilla parishads have effectively been wrested from the Left. Panchayat minister Subrata Mukherjee said the move to take away the financial powers was an “administrative necessity” as in the...
More »Higher NREGA payouts stoking inflation fears
The wages under the government's flagship rural employment scheme have risen following adjustments for price rise, creating apprehension that this may add to the inflationary pressures by making farming more expensive. The government had early last year benchmarked wages under the Mahatma Gandhi National Rural Employment Guarantee Act to retail inflation to ensure a real wage of Rs 100 a day to workers seeking employment under the scheme. Under the first such...
More »States' data cast doubt on growth-poverty equation; welfare schemes have a strong role to play by Devika Banerji
The sharp drop in poverty estimates in the latest count has been attributed largely to the high growth over 2004-2010, but disaggregated state-level data does not seem to provide conclusive evidence. The national poverty count dropped to 29.8% in 2009-10 from 37.2% in 2004-05, but in states such as Bihar, Chattisgarh, Uttar Pradesh and even Punjab the decline was much less even though they reported a visible improvement in economic growth...
More »Cut in NREGA allocation may hit FMCG firms-Meghna Maiti
The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on Rural Demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...
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