-The Hindu Held to account by the Supreme Court, the Central government is using opaque methods to change the key provisions of the employment guarantee scheme and make it targeted instead of universal. There is a pithy saying in Hindi that the elephant has two sets of teeth, one for show and the other to eat. This seems an apt description of the approach of the Narendra Modi government towards the implementation...
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The foreign hand isn't enough -Alex M Thomas
-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...
More »Keep a watch on food inflation
-The Hindu The latest inflation readings based on the Wholesale Price Index and the Consumer Price Index are a cause for concern. While the annual gain in wholesale prices hit a 23-month high of 3.55 per cent in July, retail inflation quickened past the Centre’s new Monetary Policy Framework’s upper limit for tolerance to 6.07 per cent. Food costs — a key component in both indices — were the main culprit....
More »Govt raises budget for rural jobs scheme by Rs. 5,000 crore -Elizabeth Roche
-Livemint.com Fresh fund infusion means the overall budget allocation for MGNREGS in 2016-17 will be Rs43,500 crore New Delhi: The Narendra Modi-led National Democratic Alliance government has increased the budget for the national rural employment guarantee scheme by Rs.5,000 crore to Rs.43,500 crore for 2016-17, minister of state for rural development Ram Kripal Yadav told Parliament on Monday. The scheme “will not be shut down but strengthened. It is a special direction...
More »Machine fails to read fingerprints, 1.4cr Rajasthanis go without ration -Rosamma Thomas
-The Times of India Jaipur: They were meant to ease processes and clean up corruption in distributing food grain to the poor. Instead, the e-Point of Sale (PoS) machines have thrown up more problems than solutions. Each of these devices costs roughly Rs 17,000. They are programmed to read fingerprints of those registered to receive subsidized grain, connect to the Aadhaar database over the Internet and authenticate the recipient. Clearly, things aren't playing...
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