The power of the Gram Panchayats of sanctioning works under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been curtailed down to Rs 1 lakh from Rs 10 lakh, said Zilla Panchayat Chief Executive Officer P Shivashankar. Addressing the District Vigilance and Monitoring Committee meeting on Wednesday at ZP hall, he said that the step has been taken up by the Government following several complaints of misuse of funds under...

A significant proportion of the country’s official below poverty line (BPL) population cannot be termed ‘poor’. Fathom this: around a fourth of the 14 million odd BPL households in urban India own a two-wheeler, a third of them a colour TV and almost two-third a pressure cooker. Almost one in five urban BPL households has at least one well-educated, graduate or above, member. The 56 million-strong rural BPL population too exhibits...

In June 1991, the country embarked on a bold adventure by exposing to market vicissitudes its insulated manufactories, regulated (but pockmarked with soft spots) financial markets and inexperienced economic players. An economy, in those days, was about people, not giant factories and ships with riches. Though successive governments have secured the reformative underpinnings of the liberalisation process, it is to the credit of players in India that the sublime quest...

India has been lauded for its remarkable overall economic growth of over 8% over the last five years. But despite this high and relatively stable growth, India's underbelly is soft. The agriculture sector is performing below expectations, with growth rate of around 2.8%, it is way below the Eleventh Plan target of 4%. The Food and Agricultural Organisation (FAO) estimates that 22% of India's population is undernourished. Child malnutrition is...

To eliminate misuse and leakages from its flagship rural employment programme, India could introduce biometric-aided identity checks that can be verified remotely. The government’s initiative comes at a time when the Mahatma Gandhi National Rural Employment Guarantee Scheme has been criticized for leakages. It is the government’s largest social sector spending programme with allocation for this fiscal pegged at Rs40,100 crore. The proposal, which has already been submitted to the government for...