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'MGNREGS reduced poverty, empowered women' -Rukmini S

-The Hindu The programme reduced poverty by up to 32 per cent and prevented 14 million people from falling into poverty. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) reduced poverty by up to a third and gave a large number of women their first opportunity to earn cash income, a new research has found. Officials from the Ministry of Rural Development (MoRD) and the National Council of Applied Economic Research (NCAER)...

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NREGA improving the lives of poor, says study

Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...

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India's vulnerability to drought poses credit challenges: Moody's

-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural Employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and Employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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Democracy in India: A citizen's perspective

-IBNLive.com The Report 'Democracy in India: A Citizen's Perspective' tries to assess people's understanding and perception towards democracy. It is a part of a comparative study (State of Democracy in South Asia) of five South Asian countries that include, besides India - Bangladesh, Nepal, Pakistan and Sri Lanka. The first round of the SDSA was conducted in 2005 and a report based on it was published by Oxford University Press in...

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