-Business Standard 80% of surveyed districts did not show any change in migration New Delhi: The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has succeeded in creating livelihood Assets but might not have a big impact in curbing migration -- one of its objective. According to a survey conducted by Institute of Economic Growth (IEG), almost 78 per cent of households covered reported an increase in water table after building conservation...
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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman
-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...
More »1 in 5 urban families forced to borrow to fund hospital stay -Rema Nagarajan
-The Times of India About a quarter of all rural households and one in five urban families in India are forced into debt or sale of Assets to meet hospitalization costs. This is true across income levels, revealed the National Health Profile 2017 published recently by the Central Bureau of Health Intelligence. In rural India, about two-thirds - ranging from 65.6% in the poorest to 68% for the richest - depend on...
More »Impact of MGNREGS: household income on rise, and so is agricultural productivity -Jitendra
-Down to Earth In the last one decade, it has also helped increase groundwater table by virtue of implementing a range of water conservation measures. Once ridiculed by the Prime Minister Narendra Modi, the flagship scheme for rural employment, Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS), has been praised by his own government for helping in increasing rural household income. It has not only helped in increasing groundwater table in the...
More »A lifeline, interrupted -Nikhil Dey & Aruna Roy
-The Indian Express Government is prioritising savings over MGNREGA and rights of the poor. Rambeti from Sitapur, Uttar Pradesh, graphically described the predicament of MGNREGA workers like her in a recent press conference in Delhi. “The government repeatedly states that it will not let us die of starvation. But the truth is, it does not allow us to live either.” That is a terrible evaluation of MGNREGA — a landmark legislation enacted...
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