-The Business Standard Scheme faces pincer attack with a proposed higher proportion of expenditure on material, reducing the budget available to pay wages The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) faces a pincer attack under the National Democratic Alliance (NDA) government, with parallel moves promising to shrink and mutate the nature of the scheme. Two of the moves have been revealed - a proposed higher proportion of expenditure on material,...
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MGNREGA impact on food inflation is very limited, says RBI study -Jitendra
-Down to Earth There are other factors for food price inflation, says the study commissioned in the wake of persistent double digit food price inflation between 2012-13 The rural job scheme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which guarantees 100 days of unskilled job to rural households in a year, has been blamed by a number of economists for food price inflation. But a new study by the Reserve Bank...
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 »Thazhakara farming a success -Sarath Babu George
-The Hindu Panchayat takes uncultivated land on lease for farming ALAPPUZHA (Kerala): Any visitor to Thazhakara grama panchayat in Mavelikara taluk is bound to be welcomed by vast expanses of paddy fields. The local body has scripted a success story by reviving paddy cultivation and vegetable farming on a land that remained barren for around three decades. The panchayat achieved the turnaround by identifying uncultivated land and convincing private landowners to provide such...
More »India climbs eight ranks in Hunger Index
-The Business Standard Successful roll-out of MGNREGA and PDS helped India get a better rank India has improved its position in the Global Hunger Index. The country climbed eight positions in the index from 63 last year to 55 this year, though it still trails nations like Malawi, Ghana and Suriname. A significant reduction in the number of underweight children as well as the successful roll-out and expansion of programmes like the Mahatma...
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