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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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Economists petition Modi against dilution of MGNREGA

-The Business Standard Alarm bells on rural jobs guarantee law   A group of around 30 economists from India and abroad have written a letter to Prime Minister Narendra Modi, asking him to ensure there is no dilution or restriction of the provisions of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). They have argued the scheme has wide-ranging social benefits, beside creation of productive assets. They have said corruption was and remains...

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It’s raining forecasts -Ajay Vir Jakhar

-The Indian Express The Indian meteorological department (IMD) website states that Kautilya's Arthashastra contains records of rainfall and its impact on revenue, as well as details about relief work. Similarly, Kalidasa's Meghdoot, written around the seventh century, mentions the date of the onset of the monsoon and traces the path of monsoon clouds. Till today, forecasts are made on the same broad lines. Farmers like me still look towards indigenous knowledge for...

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How to improve the welfare state -Ajay Chhibber

-The Business Standard Make schemes mobile and portable, by focusing on people and not products India spends close to four per cent of its GDP on an alphabet soup of welfare schemes and subsidies - it has become a welfare state before becoming a developed state. Despite its significant costs, India's welfare system is neither comprehensive nor very effective - subject to huge leakages and corruption, and not well knit into...

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Land conundrum and the hunger games -Prasanna Mohanty & Kaushik Dutta

-The Financial Express A mechanism is needed to compensate farmers for not exercising their right to sell productive land but continue to grow foodgrains. India finds itself in a piquant situation. While its population, and with it the number of poor, is growing, its cultivable land is not only shrinking, more worryingly, the economic returns of the agricultural use are diminishing vis-a-vis non-agricultural use. The situation may not be alarming right now,...

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