Jharkhand Chief Minister Arjun Munda on Monday announced during the Budget Session that his Government was working to enact a law safeguarding the rights of the Scheduled Tribes on their ancestral land and property. Munda added that recommendations of a sub-committee of the Tribal Advisory Committee would be taken under consideration before any such exercise. Replying to a question of raised by AJSU MLA KK Bhagat, in which he raised the issue...

-IANS   States should be allowed to declare an off period for the rural jobs scheme MGNREGA during peak agricultural season, says Sumitra Mahajan, chief of a parliamentary panel on rural development. She also believes extending the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to urban areas - as suggested by the Economic Survey last week - is not practicable unless the scheme is made to include semi-skilled work apart from manual...

In this year's budget, Union Finance Minister Pranab Mukherjee has essentially tried to consolidate the gains from the initiatives he had launched during the previous two budgets. Thus, in agriculture there is no new initiative except increasing the target for agricultural credit to Rs.5,75,000 crore during 2012-13. This represents an increase of over Rs.1,00,000 crore from last year. The interest rate of four per cent recommended by the National Commission...

-IANS   Calling for effective measures to improve the efficiency of social sector programmes, the Economic Survey for 2011-12 has suggested extending the government's ambitious rural jobs scheme to urban areas, strengthening Panchayati Raj institutions (PRIs) and skill improvement for enhanced employability. The survey, which was presented by Finance Minister Pranab Mukherjee in parliament Thursday, said that programmes like Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have been instrumental in creating employment...

One of the key factors to inclusive growth is financial inclusion for all. Financial inclusion refers to universal access to a wide range of banking solutions and financial services in a fair, predictable and transparent manner at affordable costs. The poor tend to be ignored because the transaction costs in serving them are high. Initiatives that reduce these costs will allow service providers to begin thinking of financial services for...