-Newsclick.in A combination of fund squeeze and political aversion has deprived lakhs of people from getting MGNREGS work, even though wages are very low. As the job crisis rages unabated across the country, demand for work under the rural jobs guarantee programme (MGNREGS – Mahatma Gandhi National Rural Employment Guarantee Act) has risen dramatically in the past few years. In Madhya Pradesh and Rajasthan, the two big states where polling for Assembly...
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Factors underlying the Centre-RBI conflict -Narendar Pani
-The Hindu Business Line Realising that DeMo pulverised MSMEs, an anxious Centre wants to hurriedly make amends. But loan disbursals may not help The spat between the government and the RBI is primarily in the realm of macroeconomic issues like the size of the reserves the central bank should hold and the methods of monitoring loans that could go bad. Yet, the political intensity of the government’s moves cannot be missed. Apart from...
More »Govt seeks Rs 100cr funding for polio vaccine cost hike (after spending Rs 3000cr on showpiece statue) -GS Mudur
-The Telegraph Public health experts said the situation reflected India’s poor budget allocation for health programmes An impending price rise that is likely to raise India’s budget for a key vaccine by less than Rs 100 crore has prompted the government to seek an international donor’s help at a time it has built a showpiece statue for an estimated Rs 3,000 crore. Public health experts said the situation reflected India’s poor budget allocation...
More »Modi's farm irrigation scheme: Are big funds serving the purpose? Data tells a sad story
-Financial ExpressWhen Prime Minister Narendra Modi launched PMKSY in July 2015 and set the target to complete the 99 projects by December 2019, the total cost was estimated at Rs 77,595 crore, including Rs 29,000 crore for command area development. While the ministry of water resources says 33 irrigation projects among the 99 implemented on a priority basis under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) are ?complete? citing reports...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
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