-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...
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Government of India and World Bank Sign $500 Million Agreement to Improve Rural Water Supply and Sanitation Services in Four Indian States
-The World Bank About 7.8 million rural people are expected to directly benefit from the project NEW DELHI: The government of India and the World Bank today signed a $500 million credit agreement to improve piped water supply and sanitation services through decentralized delivery systems in the states of Assam, Bihar, Jharkhand and Uttar Pradesh. The credit agreement for the Rural Water Supply and Sanitation (RWSS) Project for Low Income States was signed...
More »MGNREGA: A tale of rural revival -Varad Pande and Neelakshi Mann
-Live Mint Rural livelihoods have improved because of MGNREGA. It is wrong to say the scheme has not worked If some recent news articles are to be believed, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a scheme that costs less than 0.35% of India's gross domestic product (GDP), has crashed the country's economy. The latest to join this bandwagon of criticism is an editorial in Mint. ("MGNREGA: A tale...
More »MGNREGA: A tale of wasted efforts
-Live Mint The scheme represents Rs.2.3 trillion spent on wasteful rural consumption This week marked the eighth anniversary of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the United Progressive Alliance (UPA) government's key rural intervention, launched in 200 districts initially in February 2006. To the extent that such populist schemes helped raise wages without raising productivity. They have contributed more to inflation than to rural wealth. Worse, such schemes have...
More »When cities guzzle water-Himanshu Thakkar and Parineeta Dandekar
-CivilSocietyOnline.com More than 50 people, including tribal groups, social activists, water experts, ecologists, wildlife experts and academics, came together for a brainstorming workshop on ‘Dams coming up for Mumbai Region.' The meeting was organised by the South Asia Network on Dams, Rivers and People, Shramik Mukti Sangathana, and Jalbiradari. About 12 dams are planned or are under construction to satisfy the increasing thirst of the Mumbai Metropolitan Region (MMR). All these dams...
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