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A more effective antidote to poverty? -Harish Damodaran

-The Indian Express The average annual MGNREGA spend in TN, for instance, is two-and-a-half times more than that for Bihar. Is the PMGSY more pro-poor compared to MGNREGA? Going by where monies under the two programmes get spent, the answer could well be yes. In a recent analysis, NC Saxena, Distinguished Fellow of the policy think-tank Skoch Development Foundation and former Secretary, Planning Commission, has noted how the expenditure on MGNREGA is...

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Govt bullish on MGNREGS, but bearish on funds -Nitin Sethi

-Business Standard Centre owes states Rs 5,595 crore for work already completed A day after the government claimed success in Parliament over implementing the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), government data reveal the Centre owes states Rs 5,595 crore dues for work already completed — 16 per cent of the budgeted funds for the scheme — causing stress to people, particularly in drought-hit states. After two quarters of revival in...

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Farmer suicides continue unabated in Adilabad -S Harpal Singh

-The Hindu 13 farmers have ended life till date in 2016 owing to crop failure due to spurious seeds Andhra Pradesh: Farmer suicides mount in Adilabad, the opposition Congress has accused Chief Minister K. Chandrashekhar Rao of doing a Nero. “Ignoring the severe crisis gripping the farm sector is like Nero fiddling while Rome was burning,” observed District Congress Committee working president Naresh Jadhav, trying to drive home the point. “The enthusiasm shown...

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The state of social sector spending in 15-16 -Avani Kapur and Vikram Srinivas

-Livemint.com Overall, we find that social sector investments have in fact increased across all states, except Bihar In February 2015, the Government of India accepted the Fourteenth Finance Commission’s (FFC) recommendation to empower states with greater expenditure discretion. The states’ share in Union taxes, therefore, increased from 32% to 42%. While the move holds the promise to reform India’s centralized, one-size-fits-all approach to financing the social sector, the process adopted by...

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Railway min Prabhu is fudging numbers to look good: ex-min Trivedi -Srinand Jha

-Hindustan Times Less than a day before the Railway budget is presented in the parliament, former railways minister Dinesh Trivedi’s allegations against incumbent minister Suresh Prabhu of “fudging numbers” and concealing facts about the organisation’s financial health have surfaced in a letter to Prime Minister Narendra Modi, that also charges Prabhu of copying Trivedi’s earlier budget speech. Citing that the current Operating Ratio (every paisa spent against a rupee earned) had reached...

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