-The Economic Times Even though the scheme had been ranked as the world's largest public works programme by the World Bank, it is being systematically undermined with illegal restrictions on its budget allocation, severe payment delays and low wages. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been a tried and tested measure to target rising unemployment and ease rural distress in the country. The Rural Employment programme, which guarantees 100...
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Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »An outstanding alternative to farm loan waiver -Suman Layak
-The Economic Times The world is no stranger to farm debt crises like the one India is seeing today. Back in the 1980s, the Canadian parliament enacted a law to stop foreclosures on farm debt, after prices collapsed and interest rates jumped to as high as 24%. The law was in force for a dozen-odd years. It identified insolvent farmers, facilitated agreements between the borrowers and lenders, and helped some farmers move...
More »Aadhaar: Twists and turns in the path of biometric identification
-PTI The biometric identity system is set for a revamp with new offline verification tools, non-intrusive approach Aadhaar, the country’s extraordinary attempt to give every citizen a biometric identity, is set for a massive revamp with new offline verification tools and non-intrusive ways for people seeking to voluntarily use the 12-digit unique number for new bank accounts and mobile connections. After a chaotic 2018, led by the landmark Supreme Court (SC) ruling on the constitutional...
More »Swachh Bharat? Still not quite, shows a World Bank study -Nikita Kwatra
-Livemint.com Despite the rush in the construction of toilets since the launch of Swachh Bharat Abhiyan’s launch on 2 October, India has the highest rate of open defecation in the world The Swachh Bharat Mission hopes to make India open-defecation free by October 2019. But, despite the rush in the construction of toilets since the scheme’s launch, India has the highest rate of open defecation in the world. According to a new...
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