-The Business Standard The Microfinance Bill in its present form may hurt the growth of the Self-Help Group (SHG) programme being run across states to bring people above the poverty line, according to Union rural development minister Jairam Ramesh. “The Bill needs to be rewritten. MFIs are not instruments for poverty alleviation,” Ramesh said in an interaction with reporters after he reviewed initiatives by NABARD in an SHG-bank link programme. He, however, did...
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CAG to audit MNREGS in 12 states, says Jairam Ramesh-Suchandana Gupta
-The Times of India Twelve states, including Madhya Pradesh, will go under the CAG scanner to audit alleged corruption and irregularities in the implementation of the Mahatma GandhiNational Rural Employment Guarantee Scheme (MNREGS), a pet project of the UPA Centre. Out of the 12 states to be investigated, at least four are BJP-ruled, which are going to the polls in the next 18 months. BJP-ruled Madhya Pradesh, Chhattisgarh, Gujarat, Karnataka go to...
More »UN expert hails Indian court decision to uphold right of every child to education
-The United Nations An independent United Nations human rights expert today hailed a decision by the Indian Supreme Court to uphold a law which mandates that a quarter of the places in the county’s private and public schools should be reserved for disadvantaged groups. “Exclusion and poverty remain the most important obstacles to the realization of the right to education in all regions of the world,” said the Special Rapporteur on the...
More »Slum boy fights all odds to crack IIT entrance-Jayanta Gupta
poverty could not rein in the spirit of this youth and hold him back from fighting his way through all odds. Unlike many youngsters in his neighbourhood who had resigned to fate, Monoranjan Bera worked hard to change his destiny. Bera has ranked 50th in the IIT entrance examination to a joint MSc-PhD programme. Bera, living in a single room tenement at Bhatapukur in Kharagpur, can serve as an example to youngsters. "One...
More »Imagine a poverty line-Surjit S Bhalla
No matter where you draw the line, the fall in poverty is greater in high GDP growth years Some plain facts and some ugly truths. The plain fact is that poverty in India has declined at a rapid pace during the UPA years post 2004. An ugly truth. When the Planning Commission released the estimates of poverty in India, on the basis of the household survey conducted by the NSS in...
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