-Deccan Herald Just recall the scene in parliament when the National Rural Employment Guarantee Act was passed in 2005. In Lok Sabha, Speaker Somnath Chatterjee put forth the motion – “Those in favour, say aye” – a unanimous chorus rose from the packed Lok Sabha. “Those against, say no,” – there was dead silence. “I think the ayes have it!” he said – and a seminal, landmark legislation became a reality. As then...

-Business Standard According to NSSO, employment surveys, women participation rates in India fell sharply after 2004-05 India ranks 120 among 131 countries on women labour participation, according to a report by International Labour Organization. Traditionally, this has been blamed on a culturally patriarchal society and rising family incomes that allow more women to stay at home. A new paper by World Bank economists blames a "jobs deficit" for the decline in female labour...

-The Asian Age Is the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) a “living monument” of the failure of the economic policies of the Indian National Congress which has ruled the country for all but roughly 14 years since August 1947? Or is it that the MGNREGA, a law enacted a decade ago which seeks to implement the world’s biggest and most ambitious job creating scheme, one of the few...

-The Hindu The formal signing of the Trans-Pacific Partnership (TPP) by the 12 member-countries of the mega-regional free trade agreement is a milestone for international trade and, by extension, the global economy. With worldwide trade having slowed sharply since the 2008 financial crisis and now faced with headwinds from China’s slowdown, the deal, yet to be ratified, could provide a much-needed fillip to growth. As the World Bank noted in a...

-The Hindu Business Line It has worked as a rural safety net. But the Centre has other budgetary priorities A decade after the Mahatma Gandhi National Rural Employment Guarantee Scheme came into force, the NDA government has come around to accepting its usefulness — and that, in a difficult agriculture year. Last February, the Prime Minister disparaged the programme for merely digging pits. But only a few days ago, the finance minister...