The microcredit revolution has been celebrated for helping poor women in developing countries start small businesses. By borrowing money for purchases such as a buffalo or sewing machine, the women were able to help lift their families out of poverty. But critics say the microcredit model has been perverted by commercial greed in India, with reports of abusive collection methods and sky-high interest rates. "What began as a simple, innovative model...

Contradicts Centre's line on issue of minimum wages payment Going against the view of the United Progressive Alliance government, the Sonia Gandhi-led National Advisory Council (NAC) has favoured the payment of statutory minimum wages to workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). The NAC's line is in conflict with the January 1, 2009 notification issued by the Union Ministry of Rural Development, delinking the MNREGS wages from The...

The Union government is reneging on its legal obligation to pay minimum wages, even to the most deprived sections of the population, in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme. If anyone wants to study the capacity of India's policymakers to turn a progressive piece of legislation upside down, the wage policy under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is a good place to...

The state government has written to the Centre for enhancing the wages for MG NREGS  workers so as to meet the revised minimum wages given in the state. The government's letter follows constant demand by the mazdoor satyagrahis, who have been on a dharna near the Statue Circle for the past 17 days, for ensuring that the NREGA is also governed by the Minimum Wages Act. The letter, addressed to the...

‘Under no circumstances the labourers should be paid less than the wage rate' Angry workers returned the Re.1-wages to the government on October 2 Rural Development Ministry considering possibility of paying bonus to workers The Centre has decided to direct the Rajasthan government to pay the admissible wage rate under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) to those workers of Tonk district who were paid a mere pittance of Re....