-PTI The scheme can have a negative impact on prices, productivity: FICCI-KPMG New Delhi: After the Prime Minister's referred to MGNREGA as a "monument to the failure of the UPA regime", comes a report blaming it for creating shortage of farm labour. A Federation of Indian Chambers of Commerce and Industry (FICCI)-KMPG report titled ‘Labour in Indian Agriculture: A Growing Challenge', released here on Wednesday, says schemes, such as the Mahatma Gandhi National...
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Nehruvian budget in the corporate age -Jean Drèze
-The Hindu The Budget overlooks the fact that human capabilities are as important as physical capital for economic growth and the quality of life. It goes back to the days when growth and development sounded synonymous, physical capital was thought to be the key, and human capital took a back seat Once upon a time, around the end of the Second World War, there was a naive view in development economics that...
More »Subsidy to promote organic dairy products
-The Tribune Chief Minister pushes for crop diversification, says will provide farmers all help Chandigarh: Chief Minister Parkash Singh Badal today said the state government would provide 50 per cent subsidy to farmers willing to rear cows for producing organic dairy products, besides setting up a board to sort out issues and requirements pertaining to organic farming. Addressing participants on the concluding day of the National Organic Farming Convention here, Badal said the...
More »Centre's new fund distribution plan dents flagship health, AIDS programmes
-Reuters NEW DELHI: India's main public health programmes, aimed at millions of rural poor, have been in disarray for months because the government changed the way that over $1.3 billion of central funds were distributed, according to data and letters seen by Reuters. In a bid last year to give states more power, the Union health ministry started sending funds for public health programmes to state treasuries, instead of direct transfers to...
More »Budget for huge increase in DBT -Puja Mehra
-The Indian Express Benefits of Rs.33,000 crore will flow every year to the accounts of beneficiaries The Union Budget 2015-16 proposes a 10-fold scaling up of direct benefit transfers (DBT) during the next financial year as a key expenditure control measure. The move is expected to lead to accurate targeting of beneficiaries, de-duplication, reduction of fraud and elimination of waste and leakage in public programmes and schemes. The total number of beneficiaries under 35...
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