Bihar's recent economic growth has created a peculiar problem for real estate and infrastructure firms in other parts of the country. Migrant labour from the state constitutes around 50% of the unskilled workers employed in these sectors nationally, but increased government expenditure and private investment has caused rural migration from Bihar to fall by a third in recent years, resulting in labour shortages and 35-50% higher wage bills for real estate...
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Kalam for boosting local economy to allay nuclear fears by K Venkataramanan
Suggests Rs. 200-crore plan to win villagers over to Kudankulam Even as a committee constituted by the Centre to address fears about the safety of the Kudankulam nuclear power project was set to meet an experts panel of the Tamil Nadu government on Tuesday, the former President, A.P.J. Abdul Kalam, has recommended a massive Rs. 200-crore special development plan for villages around the project site. The 15-member central panel, consisting of experts...
More »Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »CAG to audit rural development, water supply, sanitation schemes by Ruhi Tewari
All rural schemes will also get a common accounting format; audit to begin with MGNREGS in 12 states At a time when the government is reeling under a number of corruption cases—several of these following critical reports from the Comptroller and Auditor General of India (CAG)—the ministry of rural development has roped in the statutory auditor to conduct a financial, compliance and performance audit of its schemes. All schemes of the ministries...
More »CAG to audit NREGA work in top 12 fund-recipient states
-The Economic Times The Centre's flagship Rural employment programme will soon come under the scrutiny of the national auditor, which will look into its implementation in the 12 states that receive the largest share of funds. The Comptroller and Auditor General of India will scrutinise the expenditure and outcome of the public works initiated under the Mahatma Gandhi National Rural employment Guarantee Scheme (MGNREGS) in these states over the past five...
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