-The Hindu Govt. accused of backtracking on promise of loan waiver Mumbai: Farmers in Maharashtra are using the phrase bure din (bad days) to describe their condition. Akshay Tale last spoke to his close friend Neelesh Walke at around 2.45 p.m. on December 30 last year. Neelesh, who faced a Rs. 2 lakh debt, seemed anxious but showed no signs that he was considering any extreme step. At around 4 p.m., Neelesh, barely 23,...
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Greening the barren land in Jharkhand and West Bengal -Aakriti Shrivastava
-ANI Greening the barren land in Jharkhand and West Bengal Deoghar: Standing amid the road in Kasuadi village in Jharkhand, Deevani Mahato looks intently towards the contrasting landscape stretching across on both sides of the road. Wet green fields of wheat, mustard and grams, separated by the bunds of mud, cover the land on one side. Barren tracts of red soil full of dry bushes and stones stretch on the other. "By next...
More »MGNREGA failure adds to Vidarbha’s suicide woes -Kavitha Iyer
-The Indian Express Mumbai: Despite MGNREGA’s rich possibilities, Kumar notes that the Maharashtra government has slashed allocations under it to Rs 800 crore in 2014-15. Even as it stares at unprecedented crop loss from back-to-back droughts followed by untimely rains/hailstorms, Maharashtra has seemingly given the short shrift to MGNREGA, which could have gone some way in mitigating the current crisis. And significantly, its potential has been least leveraged in Vidarbha, the region...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »The inclusion project -Shamika Ravi
-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...
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