-The Economic Times An expert group has recommended adding 30 agricultural and allied works under the Centre's flagship rural job guarantee scheme, in a revamp aimed at making the country's costliest social sector programme more effective. As part of the overhaul of the Mahatma Gandhi National Rural employment Guarantee Scheme (MGNREGS), the panel has also suggested an electronic fund management system to ensure timely transfer of money to needy districts. The recommendations of...
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Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
More »Food Bill may Get 5,000 Crore in Budget by Devika Banerji
Signalling its commitment to roll out the Food Security Bill in the next fiscal, finance minister Pranab Mukherjee is likely to announce a token allocation of Rs. 5,000 crore in the forthcoming budget. The funds would primarily be directed at creating and strengthening the institutional arrangement to deliver the massive allotment promised under the scheme. The food security bill is of extreme political importance to the United Progressive Alliance (UPA)...
More »Allowance on way for no job in NREGA by Priyadarshi Siddhanta
The government may soon have to shell out an Unemployment Allowance if it fails to provide jobs to wage seekers under the flagship Mahatma Gandhi National Rural employment Guarantee Act (MGNREGA). “The MGNREGA software will automatically generate the pay order for payment of unemployment allowance to the wage seekers, whose demand for work is not met within 15 days,” said a report of a high-level committee chaired by Plan panel member...
More »Jairam Ramesh Becomes ‘Online Contender’ to Head World Bank
-The Times of India Can Jairam Ramesh become the next president of the World Bank? Unlikely, but in the steady drumbeat of the demand that the next World Bank president must come from the developing world, the rural development minister’s name is being heard alongside several other competent names from the wrong side of the poverty divide. An independent website, worldbankpresident.org, which is running a poll on who should be the next...
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