Neglected by conventional banks, low-income women in Satara have set one up themselves. Not long after Chetna Gala Sinha came to the drought-stricken region of Mhaswad in western Maharashtra to marry a farmer and prominent local social activist, she began putting her university degree in finance into action. Local women, she observed, were wearing themselves out in subsistence livelihood such as growing grapes or selling vegetables. In 1992, Chetna, who grew up...
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States fail to pay dues to jobless under MGNREGS by Devika Banerji
-The Economic Times States owe rural job seekers more than Rs 68 crore in unemployment dole, undermining the effectiveness of the government's flagship rural jobs guarantee scheme that has millions of workers in its fold. Workers enrolled under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are entitled to unemployment allowance if they are not provided a job within 15 days of applying for it. Although the allowance is to...
More »States spend crores, fail to show work by Prasad Nichenametla
Despite the Rs 5,631 crore — to be the highest in the country, which the Mayawati government in Uttar Pradesh had spent under the MG-NREGA in 2010-11, but it failed to show any good work carried by it. Its not just Uttar Pradesh, but half of the states did not find any work worth to be nominated for a national award for best performing panchayats in implementation of NREGA in 2010-11. There...
More »R&D spending can't stagnate at low levels, says Manmohan by P Sunderarajan
Research should find ‘frugal' solutions to food, energy problems Expressing concern that the expenditure on research and development in India has been “too low and stagnant,” Prime Minister Manmohan Singh on Tuesday called upon industry to increase its contribution and stressed the need for enhanced public-private partnership (PPP) in science and technology. “It is in some way ironic that GE [General Electric] and Motorola have created world-class technology hubs in India, while...
More »Govt proposes `2000 cr labour budget under NREGA
-GK News Network Government has proposed a Rs 2000 crore labour budget under MG NREGA for the coming fiscal year. This was revealed at a high level meeting convened under the chairmanship of Minister for Rural Development and Panchayati Raj, Ali Muhammad Sagar here today. Commissioner Secretary Rural Development, Farooq Ahmad Peer, Director Rural Development Jammu, Shafiq Ahmad Raina, Member Secretary MG NREGA, Dr Hanief Balkhi and other senior officers of the department...
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