-Hindustan Times The government should pay 25% of wages of MGNREGA workers employed in individual farms and the poor should get an option to choose between money or subsidised food grains under the public distribution system (PDS). These are a few suggestions to be made by the National Institution for Transforming India (NITI) Aayog in the occasional paper that will be discussed with the states for framing a national policy to eliminate...
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Eastern states to benefit from new LPG scheme -Siddhartha P Saikia
-The Financial Express Govt may spend major chunk of Budget outlay in these states The Modi government would spend major portion of the Rs 2,000- crore Budget outlay for providing LPG to households below poverty line in the eastern states such as Bihar, Jharkhand, West Bengal, Odisha and Assam. A senior official in the finance ministry told FE that the nodal petroleum ministry has proposed a detailed road map for the scheme aimed...
More »Farmers' prospect destroyed by erratic rains
Like 2015, this year too unseasonal rainfall and hailstorm have taken the farmers by surprise. Recent media reports suggest that extreme weather event has damaged rabi crops in a number of states from north India. The Weekly Weather Report prepared for the week spanning 10-16 March, 2016, which was issued by the India Meteorological Department (IMD), shows that excessive rainfall was observed in Jammu and Kashmir, Himachal Pradesh, Punjab, Uttarakhand,...
More »Centre slaps fee to curb plastic use
-The Telegraph New Delhi: Shopkeepers and street vendors across India who wish to continue providing commodities in plastic bags would need to pay Rs 4,000 per month to local authorities under new rules intended to discourage free carry bags. The Union environment ministry today announced revised rules to manage India's massive burden of plastic waste. The rules will introduce this waste management fee on vendors, while imposing a collect-back system for brand-owners...
More »Why microfinance is fading out -M Sureshbabu and Arun Kumar Gopalaswamy
-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
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