The government’s flagship rural employment scheme is struggling to make an impact as the capacity building in the scheme has slowed down to a crawl. The overall fund utilisation in the Mahatma Gandhi National Rural Employment Gurantee Act, or MGNREGA, has plummeted to 60%. Most states were unable to utilise even half of the funds slotted for administrative expenses, stalling administrative reforms that are expected to increase the efficiency of the...
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Hanhat farmers reap benefits of MGNREGA by Uttam Mukherjee
At a time when there are reports of gross irregularities committed in the implementation of schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the state, a success of the scheme has drawn the attention of many. With the district experiencing scanty rainfall for the last three years, farmers at Hanhat panchayat of Kairo block were hardly getting any paddy to fulfil their annual requirement. But a MGNREGA...
More »Lokpal Bill: ‘no precedent for a joint committee' by Smita Gupta
The pressure on the United Progressive Alliance (UPA) government to enact the Lokpal Bill to check corruption by public servants is mounting, 42 years after another government first attempted to create such a law, as civil society representatives and the Sonia Gandhi-led National Advisory Council (NAC) have joined hands to push for the early enactment of a tough law. On April 3, the National Campaign for People's Right to Information (NCPRI)...
More »New draft of MFI Bill to give more teeth to RBI by Dinesh Unnikrishnan
The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...
More »Jairam to inspect Renuka Dam site
His ministry had earlier put a stop on the project citing ecological damage Delhi Govt. insisted that only the dam can solve Capital's water woes Union Environment and Forests Minister Jairam Ramesh on Sunday said he will undertake an inspection of the Nahan Valley in Himachal Pradesh, the site of the proposed Renuka Dam, which has been turned down by his office on the grounds that it involves the axing of 1.77...
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