-ANI Greening the barren land in Jharkhand and West Bengal Deoghar: Standing amid the road in Kasuadi village in Jharkhand, Deevani Mahato looks intently towards the contrasting landscape stretching across on both sides of the road. Wet green fields of wheat, mustard and grams, separated by the bunds of mud, cover the land on one side. Barren tracts of red soil full of dry bushes and stones stretch on the other. "By next...
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Deepening agrarian crisis endangers food security
A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food economy of the nation, apart from breaking the spirit...
More »With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »MGNREGS as insurance
-The Hindu With unseasonal rain laying waste vast areas under the rabi crop in north India earlier this year and the threat of a deficient monsoon looming, the Mahatma Gandhi National Rural Employment Guarantee Scheme could act as a real salve for distressed farm workers and labourers. The World Bank’s brief statement on the scheme on Tuesday to this effect, as part of its latest India Development Update, concurs with recent...
More »MGNREGS less effective in reducing poverty: World Bank -Asit Ranjan Mishra
-Livemint.com The rural jobs scheme will be cost-effective only if assets created are of sufficient value to the poor, says bank New Delhi: Unless India’s rural job guarantee scheme can be turned around to create valuable assets, transferring cash directly to intended beneficiaries could reduce poverty faster, the World Bank said on Tuesday, joining an ongoing debate on the effectiveness of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In its...
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