The ministry of rural development has written to all the states warning them not to go slow or suspend works under the Mahatma Gandhi National Rural Employment Guarantee Act at any point of time in the year. The communication reminding the provisions of the right to work Act comes in the wake of reports that some states are going slow in execution of works under the UPA's flagship social sector programme,...
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Land acquisition challenges can be overcome by S Sanandakumar
Kerala has not been very successful in the past to consistently attract big-ticket investments . The absence of strategic investments in key sectors has always been a hurdle in the state's path to economic prosperity. The new chief ministerOommen Chandy, known for speedy decision-making , wants to change this scenario. He has already been able to swing public opinion in his favour by addressing long-pending issues such as the Smart...
More »'Reforms failed to bridge urban-rural divide' by Ravi Dayal
Experts at a discussion on "Two decades of economic reforms: The way forward", organized by CII, Bihar state centre, said the economic reforms had not lessened the urban-rural divide; hence rural people could not generate substantial demand in the economy, though the savings rate enhanced in the last two decades. Director, Asian Development Research Institute, P P Ghosh, said the savings rate had increased from 12% in 1951 to 35%...
More »Cabinet okays fund for unorganized sector
-The Times of India The Union Cabinet on Thursday cleared setting up a national level social security fund for unorganized workers. The proposed National Social Security Fund will have an initial corpus of Rs 1,000 crore and will benefit 43.3 crore workers in the unorganized sector. Unorganized workers form the most significant part of total workers in the country and suffer from cycles of employment and absence of social security...
More »This Decade for Agriculture by Ashok Gulati
July is a month when we need to remind ourselves how reforms have changed India since 1991, from vulnerability to resilience, whether to external shocks (say, oil) or internal ones (droughts). In 2009, we witnessed the worst drought since 1972, yet the agricultural growth rate stayed positive (0.4%), nor did we resort to any major cereal imports. And in 2010-11, we are likely to have a record harvest of 241 million...
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