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Modi U-turn for the better: Changing NREGA would have been a mistake -Rajesh Pandathil

-FirstPost.com Not all U-turns are bad. Some are good, like the one by the NDA government on the MNREGA, also called NREGA . For the uninitiated, the new NDA government had about three months back proposed to make changes to the pro-poor scheme launched by the erstwhile United Progressive Alliance. According to media reports that cited a circular, the proposal was to amend the NREG Act by restricting the area of work...

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Farm distress looms as global crop prices crash after 10-year bull run -Harish Damodaran

-The Indian Express For the last 10 years, farmers in India benefited from both increased production and higher price realisations - leading to rising rural incomes and declining poverty rates. That happy story may now be near its end - which could be the precursor to a renewed crisis in agriculture. The main reason is declining global prices for most agri-commodities (see Table 1). Over the last five-six months, corn, wheat and...

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In the greater scheme of things -Rohini Somanathan

-The Indian Express Recent announcements on possible changes to the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and restrictions on its coverage are baffling and worrisome. The passing of the MGNREGA and the Right to Information Act heralded a new vision of citizenship and state responsibility. The former created a safety net for the rural poor. The latter gave taxpayers and voters an opportunity to bridge the gap between state...

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Why some economists are worried about the fate of NREGA under Modi govt -Debobrat Ghose

-FirstPost.com What compelled a group of leading economists from India and abroad to shoot a letter to Prime Minister Narendra Modi regarding the government's job scheme - the National Rural Employment Guarantee Act or NREGA? Is it to speak out against the government's desperation to throttle the scheme or did the economists sense any ulterior motive behind the government's move? A section of prominent Indian economists working out of the country or...

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Over 80% farmers in Haryana are debt-ridden: Study -Amaninder Sharma

-The Times of India PATIALA (Punjab): Even as Haryana is going to elections amid political parties' claims about development, a recently published study in a reputed economic journal has revealed that over 80% farmers in the state are reeling under debt. The study also exposed that nearly a same number of farmers are living below poverty line if one goes by the World Bank's definition of "moderate poverty", which means an earning...

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