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Jan Dhan Yojana: Many questions remain -Ishan Bakshi, Nitin Sethi & Surabhi Agarwal

-The Business Standard Against NDA's 75 million target, UPA added 61 million in 2013-14 The government's financial inclusion scheme, Pradhan Mantri Jan Dhan Yojana, is an empty shell at the moment. The government heralded its achievement of clocking 15 million new bank accounts under the scheme by Thursday and looked ahead to the target of achieving 75 million accounts by January 2015. In fact, given that the UPA government added an additional 60.9...

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Requiem for MGNREGA? -Jairam Ramesh

-Live Mint The world's largest social security net deserves better, especially given its potential to contribute to strengthening the foundations of an inclusive, green economy Nitin Gadkari is a man in a hurry to dismantle the edifice of rights-based legislation enacted by the United Progressive Alliance (UPA) government. He has already set in motion steps to emasculate the historic land acquisition law passed by Parliament enthusiastically in September 2013. He has set...

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Learning from NREGA -Jean Drèze

-The Hindu Business Line Corruption in NREGA works has steadily declined in recent years. There are important lessons here that need to be extended to other domains One neglected aspect of the debate on the National Rural Employment Guarantee Act (NREGA) relates to the process aspects of the programme. In the process of planning works, organising employment, paying wages or fighting corruption, many valuable activities take place: Gram Sabhas are held, workers...

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RIP Planning Commission -Nitin Desai

The Business Standard The Planning Commission has not been central to the policymaking process since the mid-1960s In his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me. So this is in the nature of an obituary for an institution in which I served for a decade and a half, and where I...

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NREGA spiked rural wages only 10%, rest is from MSPs: Rajan

-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...

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