-India Spend India's new government has apparently decided to restructure the United Progressive Alliance's flagship anti-poverty programme, the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA). The scheme confers the right to every rural household to be employed in public works for 100 days per year. There are three reasons why the government wants to reform the NREGA. First, it is considered to be too expensive. Second, the programme is compromised...
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NC Saxena, Former secretary-Rural Development Ministry and former member of the NAC, interviewed by Aditi Phadnis
-The Business Standard NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...
More »This transaction is still incomplete -Erica Field, Charity Troyer Moore, Rohini Pande, Natalia, Rigol and Simone Schaner
-The Indian Express Earlier this month, the ministry of finance announced that over 50 million new bank accounts have been opened and 17 million debit cards issued since the launch of a bold new plan to grant financial access to the poor. Prime Minister Narendra Modi announced this initiative, called the Pradhan Mantri Jan Dhan Yojana (PMJDY), in a speech in August. Its ultimate goal is to reach 150 million unbanked...
More »Costs of ignoring hunger -S Mahendra Dev
-The Hindu Ignoring hunger and malnutrition will have significant costs to any country's development. Nutrition improvement has both intrinsic and instrumental value One of the disappointments in the post-reform period in India has been the slow progress in the reduction of malnutrition, especially with reference to the underweight among children. In fact, the rate of change in the percentage of underweight children has been negligible in the period 1998-99 to 2005-06; the...
More »Why some economists are worried about the fate of NREGA under Modi govt -Debobrat Ghose
-FirstPost.com What compelled a group of leading economists from India and abroad to shoot a letter to Prime Minister Narendra Modi regarding the government's job scheme - the National Rural Employment Guarantee Act or NREGA? Is it to speak out against the government's desperation to throttle the scheme or did the economists sense any ulterior motive behind the government's move? A section of prominent Indian economists working out of the country or...
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