-The Indian Express Focusing on private asset creation will only exacerbate its design and implementation failures. In his budget speech, Arun Jaitley shied away from taking a tough stand on the MGNREGA. In a seemingly non-controversial comment, he emphasised that "wage employment would be provided under MGNREGA through works that are more productive, asset creating and substantively linked to agriculture and allied activities". The subtext, however, is controversial. As argued below, far...

-The Hindu   The national discourse is so superficial that it only talks of foreign direct investment, investment allowance, tax sops and the like which are just about a twentieth to a sixth of the national economy. It did not even notice paragraph 102 in the Union budget speech which is about half of India's economy. Commentators see facts hidden in budgets as the "devil's in the detail." This presumes that only...

-The Hindu Business Line Budget allocation for rural jobs scheme raised marginally to ₹33,353 crore NEW DELHI: In a major rejig of the UPA's flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the BJP-led Government has converted the programme from being a Central to a State Plan scheme. This change, however, did not find explicit mention in Finance Minister Arun Jaitley's Budget speech. In the previous Government's 2013-14 Budget, a total amount...

-The Hindu Business Line   Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means Construct a building, demolish it, reconstruct, break it down again, and go on repeating this meaningless exercise. You will have economic growth, as currently measured. But no net gain in employment during the endless cycle of construction and demolition, no net increase in productive capacity, and no appreciable change in poverty...

-The Indian Express The scheme should be refocused towards creating durable assets in agriculture. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has a significant influence on agricultural operations and cultivation costs. If its present focus on community works can be reoriented to proactively promote improvements on the landholdings of small and marginal farmers through the creation of durable assets, it will be beneficial for agricultural productivity and incomes. Critics say that...