-The Hindu The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...
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The barefoot government -Bunker Roy
-The Indian Express A government shorn of Western educated ministers could change the status quo. Since 1947, Indians have not spoken out so strongly and clearly for a completely new brand of people running government. Mercifully, there are no ministers educated abroad. Thankfully, none of them has been brainwashed at Harvard, Stanford, Cambridge, the World Bank or the IMF, subtly forcing expensive Western solutions on typically Indian problems at the cost of...
More »Learning from NREGA -Jean Drèze
-The Hindu Business Line Corruption in NREGA works has steadily declined in recent years. There are important lessons here that need to be extended to other domains One neglected aspect of the debate on the National Rural Employment Guarantee Act (NREGA) relates to the process aspects of the programme. In the process of planning works, organising employment, paying wages or fighting corruption, many valuable activities take place: Gram Sabhas are held, workers...
More »Big monsoon picture masks agony on the small farm -Sanjeeb Mukherjee
-The Business Standard Rainfall shortage in Rajasthan to hit summer and winter crops Alwar (Rajasthan): Khajura Ram has an agonising fortnight ahead. If it does not rain in the next 15 days, he not only will have a poor summer bajra crop; his winter wheat or mustard will suffer as well because it will have to be planted late. "By the middle of August, the bajra crop should have been ready for harvesting...
More »Centre moves to revamp MGNREGA, check corruption
-The Times of India NEW DELHI: In its first step towards restructuring MGNREGA, the government on Wednesday announced that the material-labour expenditure ratio in the scheme would be changed from 60:40% to 49:51%. This is in keeping with government's focus on asset creation along with job opportunities in the scheme. The government is also planning to monitor the work under the scheme through the use of space technology and provide wages...
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