-Newsclick.in This might help understand why there is a huge gap between the amount of loans banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...
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NREGA wage payments are being withheld by the Centre, alleges civil society organisations
-Press Note from NREGA Sangharsh Morcha Since the start of the FY 18, we have pointed out the willful misrepresentation of delays in wage payments, incomplete calculation of the full extent of compensation due to workers and the under provisioning of budgets for the program. In August, we released a report by independent researchers, that used the Ministry of Rural Development’s own data to show how the Central Government is deliberately...
More »Concern over bail-in -Jayanta Roy Chowdhury
-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European banking crisis of...
More »Less than 1% get 100 days' work under MGNREGS
-The Times of India BHUBANESWAR: There are more than 62 lakh families in the state registered under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), but less than one per cent, or around 6,000, get the full quota of 100 days' work. The job scheme which has been running in the state since February 2006 provides a guarantee of 100 days of work in a financial year to rural households. If the...
More »Ramesh Chand, NITI Aayog member and agricultural economist, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com Farm economist and NITI Aayog member Ramesh Chand on the urgency of agricultural market reforms to meet the target of doubling farm incomes by 2022 New Delhi: Apart from staging protests in Delhi, farmers must make themselves heard in state capitals as well to resolve issues outside the central government’s control, farm economist and NITI Aayog member Ramesh Chand said. In an interview, he spoke of the urgency of agricultural market...
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