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People spend 13 hours to access direct benefit transfers in Ranchi -Mayank Jain

-Business Standard As a matter of fact, the study found that people are so unsatisfied with the DBT system being piloted by the government that they want to return to the previous system of grains distribution People in Nagri Block in Jharkhand have to wait for around 13 hours on average to be able to withdraw cash received through the direct benefit transfer (DBT) scheme and buy rice from the public distribution...

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Jean Dreze, development economist and social activist, interviewed by Sagar (CaravanMagazine.in)

-CaravanMagazine.in The economist Jean Drèze’s book, Sense and Solidarity, published in late 2017, deals with the impact of Aadhaar on social-welfare programmes, such as the National Food Security Act and the Mahatma Gandhi National Rural Employment Guarantee Scheme, among other things. Drèze was a member of the United Progressive Alliance government’s advisory council, which designed the NFSA and MGNREGS. He co-authored some of the essays in this book with colleagues and...

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Improving social audits -Suchi Pande & Rakesh R Dubbudu

-The Hindu Telangana’s experience is instructive The institutionalisation of “social audits” to ensure implementation of the National Rural Employment Guarantee Act (NREGA) has been challenging. Since being included in the 2005 Act at the behest of social movements, social audits have been ineffective in most parts of the country due to government indifference. So far, 26 States have created Social Audit Units (SAUs), but the Comptroller and Auditor General’s (CAG’s) detailed guidelines...

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World Bank Facing Legal Action for Destroying Fishermen's Livelihoods in Gujarat -Vivan Eyben

-Newsclick.in Despite providing capital for an economically and socially disastrous project, World Bank’s International Financial Corporation has claimed immunity from legal action. A fishing community in Kutch, Gujarat, has moved several courts in the United States seeking damages from the International Financial Corporation (IFC). The IFC is the private investment lending arm of the World Bank Group, and is hiding from legal action behind an immunity law. The claims were dismissed by the...

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Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...

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