-The Hindu The World Bank said on Tuesday that the spike in ‘unmet demand’ for MGNREGA jobs is an indicator of increasing rural distress. Since the scheme is the only and therefore the best bet India has for mitigating the impact on the poor of the recent unseasonal rains, the government should take steps aimed at arresting delays in wage payments and the rising unmet demand for jobs. “If you are a...
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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank
-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...
More »Resurgent Rahul, farmer's suicide puts land bill on backburner
-IANS A resurgent Rahul Gandhi and the suicide of a farmer at an AAP rally in the capital seem to have made the NDA government re-think its strategy on the land acquisition bill and put it on the backburner - at least for now. Desperately trying to fight the "anti-farmer" tag, the government, which went into a huddle soon after a farmer committed suicide at the April 22 rally of Delhi chief...
More »From Slavery to Self Reliance: A Story of Dalit Women in South India -Stella Paul
-IPS News BELLARY, India: HuligeAmma, a Dalit woman in her mid-forties, bends over a sewing machine, carefully running the needle over the hem of a shirt. Sitting nearby is Roopa, her 22-year-old daughter, who reads an amusing message on her cell phone and laughs heartily. The pair leads a simple yet contented life – they subsist on half a dollar a day, stitch their own clothes and participate in schemes to educate...
More »Tamil Nadu cancels permission for Coca-Cola's Perundurai plant -TE Narasimhan & Gireesh Babu
-Business Standard Says company failed to start construction in stipulated 6 months; company blames state for delay in approvals Chennai: Beverage company Coca-Cola has decided to withdraw its Rs 500-crore investment in Tamil Nadu and has asked the state government to refund money already pumped into the project. The development comes 31 days before the Tamil Nadu Global Investors’ Meet. A state government official said it was decided to cancel the land allotted to...
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