-Down to Earth The Gram Nyayalaya Act was passed in 2008 to make the judicial process participatory, inexpensive and accessible to rural India. But rural courts are still few and far between When a mobile court visited Luhari village in Madhya Pradesh's Jabalpur district a year ago, it was a blessing for people like Birsan Singh. A tea vendor, Birsan would lose his daily income whenever he had to attend court. He...
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PlanCom, PMEAC wings might be clipped -Sanjeeb Mukherjee & Archis Mohan
-The Business Standard Officials said some talk had already started on appointing only senior sectoral advisers instead of full-time members The Narendra Modi government is looking for an adviser in the Planning Commission, even as the deputy chairman is yet to be appointed, perhaps a sign of the current priorities. 'The Commission's role might be truncated to an advisory body alone. The Prime Minister's Economic Advisory Council (PMEAC) might also see its role...
More »100,000 Maharashtra farmers may not get loan to sow kharif crop -Aparna Pallavi
-Down to Earth Reserve Bank of India refuses to bail out three district cooperative banks Kharif sowing season is close at hand, but around 100,000 farmers of Nagpur, Wardha and Buldhana districts in Maharashtra are unlikely to get agricultural loan or hailstorm relief from the District Central Cooperative Banks (DCCBs) because the Reserve Bank of India (RBI) has rejected banking applications of these banks. Worse, fixed deposits worth Rs 1,716 crore belonging...
More »Story of a fraying capitalism-Ashoka Mody and Michael Walton
-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
More »MGNREGS: Rural development ministry may speed up wage payments -Yogima Seth Sharma
-The Economic Times NEW DELHI: The rural development ministry wants states to raise a cadre of so-called barefoot engineers to boost the effectiveness of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by helping to speed up wage payments that are getting delayed by as much as three months because there aren't enough employees to monitor the work being done under the jobs programme. The ministry wants to rope in those...
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