-The Times of India The Centre will stop direct transfer of funds to districts or societies operating in states, and will instead provide the money to the state exchequer, having concluded that the existing system was the reason for multi-crore scams like the one in the National Rural Health Mission. The new system to put funds in the consolidated fund of states is apparently aimed at putting central funds under the scanner...
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Rising farm wages will lift all boats-Neelakshi Mann and Jairam Ramesh
-The Hindu Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (CACP) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...
More »Here's why Food Bill will cost more than we think-Prachi Mishra
-The Economic Times The revised, but not yet passed, National Food Security Bill (NFSB) represents a crucial political-economic approach to welfare. But how well do we understand the financial and, more importantly, distributional consequences of the revised Bill? Although the revised Bill is likely to simplify the identification of beneficiaries, financial implications will still be substantial. Calculating these implications must include not only the cost of food subsidy, but also additional costs...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »MGNREGA improves school enrolment, education
A recent statistical study by Indian researchers suggest that the MNREGA program in rural Andhra Pradesh might be having a positive effect on school enrolment and grades by improving the bargaining power of women within their household, as a consequence of earning wages in the rural job security program. The study is based on data from rural households in 5 districts in Andhra Pradesh and comprised of 3006 children, comparing...
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