-Business Standard A recent report suggests different ways to eliminate poverty and argues that accelerated growth is the most suitable medicine to reduce incidence of poverty Adding some and modifying some others is how the National Democratic Alliance (NDA) government is planning to go about its welfare programmes in the coming days. While the Mid-Day Meal Scheme (MDMS) is likely to be extended to some private schools, the Mahatma Gandhi National Rural...
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INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.
Situation alarming: More than one-third population hit by drought The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...
More »Social activists demand for timely release of MGNREGA funds for Employment Creation
-Press release from Aruna Roy Civil society activists working on the Mahatma Gandhi National Rural Employment Guarantee Act from different parts of the country have written to the Finance Minister and Rural Development Minister urging for immediate compliance with the Supreme Court judgment in the Swaraj Abhiyan drought case. Please click here to access the letter to the Finance Minister regarding Supreme Court Judgement on Drought. Please click here to access...
More »Centre to spend 65% of rural fund to tackle drought, water shortage -Saubhadra Chatterji
-Hindustan Times The NDA government has set an ambitious target of spending 65% of its annual rural development budget by June to tackle drought and unprecedented shortage of water across the country. * Why the high expenditure? As large parts of the country reel under acute water shortage, the government will spend almost 65% of its annual budget by next month to mitigate the crisis. * What does this mean? The firm focus of the...
More »Job growth at a snail’s pace -Santosh Mehrotra
-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...
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