-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
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NREGA improving the lives of poor, says study
Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...
More »Spectre of drought rubs salt on wounds of farmers in Karnataka -Nagesh Prabhu
-The Hindu Bengaluru: After slump in prices and harassment from Moneylenders, the farming community now faces another hardship – failure of kharif crops owing to severe drought. About 26 per cent of the sown area has withered owing to scanty rainfall in more than 20 districts of the State. Already nearly 200 farmers committed suicides owing to indebtedness and other reasons in the last four months in the State. The South-West monsoon being...
More »World’s largest anti-poverty scheme MGNREGA cut poverty, empowered women, but reach limited
-The Financial Express The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the world’s largest anti-poverty programme, reduced poverty and empowered women but its success has been limited due to lack of work in some of the poorest states, according to a recent report. Comparing two states, Chhattisgarh (strong programme implementation) and Bihar (weak), a study by the National Council of Applied Economic Research and the University of Maryland found that nearly...
More »'MGNREGS reduced poverty, empowered women' -Rukmini S
-The Hindu The programme reduced poverty by up to 32 per cent and prevented 14 million people from falling into poverty. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) reduced poverty by up to a third and gave a large number of women their first opportunity to earn cash income, a new research has found. Officials from the Ministry of Rural Development (MoRD) and the National Council of Applied Economic Research (NCAER)...
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