-PTI NEW DELHI: Often under attack over alleged poor execution of MGNREGA scheme, Government today claimed the average person days employment generated per household last fiscal was highest in eight years at 49 days even as there was improvement in timely payment of wages under the livelihood programme during the span. In its report titled, 'Performance, Initiatives and Strategies FY 2015-16 and FY 2016-17', the government claimed that a total of 235...
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Additional days of work available under MGNREGS not taken up in drought hit states
Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...
More »Brexit effect: Indian lady’s finger may go missing from British platter -Jayashree Bhosale
-The Economic Times PUNE: Indian bhindi is an increasingly popular 'exotic' vegetable in multi culti Britain. It is also a vegetable whose exports from India have consistently grown brining good returns to farmers. However, exporters now fear a decline in demand for Indian vegetables like baby corn, chillies etc from non-Indians in UK, as the local food is likely to become expensive due to exchange rate related issues after Brexit. Traders and...
More »Rural demand: How much can the monsoon help? -Renu Kohli
-Livemint.com In the last decade, the rural constituent has emerged an important factor for overall private final consumption, which forms more than half (55-60% range) of India’s demand side GDP An above-average monsoon is commonly expected to be a key demand driver in 2016-17. Gross domestic product (GDP) forecasts for the year incorporate a revival in rural consumption—a segment that suffered severe setback from two successive years of adverse rainfall. In...
More »How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
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