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Empower through ‘e-panchayats’ -KP Shashidharan

-The Hindu Business Line The National e-Governance Plan can ensure that higher devolution of funds translates into improved outcomes Cutting edge technology is, no doubt, empowering. The right application of technology can boost productivity in all sectors of the economy: agriculture, manufacturing, services, business and governmental activities. Technology enables informed decision-making, stakeholder participation and efficient service delivery and can help ensure transparency, accountability, and rule of law leading to inclusive good governance....

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Additional days of work available under MGNREGS not taken up in drought hit states

Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...

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FDI in food trade sans infra creation ‘rider’ irks Food Processing Ministry -Aditi Nigam

-The Hindu Business Line ‘Astonished’ RSS-backed farmers’ body seeks immediate roll-back New Delhi: The Centre’s nod for 100 per cent foreign direct investment (FDI) in trading of food products with “no riders”, has not only raised the hackles of the Food Processing Ministry, which has been pushing for 15 per cent mandatory investment in creation of back-end infrastructure to reduce wastage and create jobs, but has also irked farmers organisations, such as...

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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty

-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...

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Rural demand: How much can the monsoon help? -Renu Kohli

-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...

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