-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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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 »Ending destitution and distress -Brinda Karat
-The Hindu ‘The government has taken steps to destroy MGNREGA, an act that gives purchasing power to the rural poor, following prejudicial contentions of Bharatiya Janata Party leaders' It's no secret that the Bharatiya Janata Party (BJP) does not like the Mahatma Gandhi National Rural Employment Guarantee Act. MGNREGA is perhaps the only law in the world which guarantees 100 days of wage employment a year to one member of a rural...
More »Why some economists are worried about the fate of NREGA under Modi govt -Debobrat Ghose
-FirstPost.com What compelled a group of leading economists from India and abroad to shoot a letter to Prime Minister Narendra Modi regarding the government's job scheme - the National Rural Employment Guarantee Act or NREGA? Is it to speak out against the government's desperation to throttle the scheme or did the economists sense any ulterior motive behind the government's move? A section of prominent Indian economists working out of the country or...
More »Economists ask PM not to dilute NREGS, Gadkari says focus on needy areas -Vivek Deshpande and Surabhi
-The Indian Express As leading economists urged the Prime Minister not to dilute the Mahatma Gandhi National Rural Employment Guarantee Scheme saying it provides economic security to millions, Union Minister for Rural Development Nitin Gadkari justified the Centre's decision to restrict the focus of the job scheme to the "most backward and needy" districts and reduce the labour-material ratio from 60:40 to 51:49. Denying any move to reduce compensation for lack of...
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