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Forget 100 days! Not even 50 days of employment provided under MGNREGS -Mudit Kapoor

-BusinessToday.in The scheme was ranked as the world's largest public works programme by the World Bank in 2015. MGNREGS has the potential to increase wages of casual labour if implemented at its full capacity. Under Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), at least 100 days of guaranteed wage employment in a fiscal is provided to any rural household whose adult members volunteer to do unskilled manual work on demand. The scheme...

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Upward mobility: Muslims down; SCs, STs up; upper-caste & OBCs unchanged -

-The Indian Express The study also says that mobility levels for African Americans in US are better than those for Muslims in India but the movement of Dalits and Scheduled Tribes is comparable to that of African-Americans. New Delhi: As rising aspirations of India’s demographic dividend shape social and political discourse, comes a sobering new study: Looking at education and income, there is little inter-generational mobility (upward mobility from parent to child)...

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What ails the Indian Banking sector? -Pronab Sen

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian Banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several Banks, limiting their ability to make further...

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Preparing for the floods -G Anand & AJ James

-The Hindu Kerala has a unique opportunity to put in place climate-resilient water management The recent floods in Kerala saw heroic rescues from raging rivers swollen by unprecedented rains — and the opening of shutters of major dams. There were allegations of ‘human blunders’ while the government said it could have done little else. The truth is that India has not learnt its lessons from recent floods, in Assam, Bihar and Tamil...

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Triple talaq is criminal offence

-The Hindu The new law has safeguards, including bail to the accused before the start of trial New Delhi: The Union Cabinet on Wednesday cleared an ordinance that makes talaq-e-biddat, or instant triple talaq, a criminal offence that will attract a maximum jail term of three years. President Ram Nath Kovind later in the day gave his assent. The new law, however, incorporates safeguards, including a provision for bail to an accused before...

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