-The Hindu Court rejects argument that disclosing names will violate right to privacy The Supreme Court made it clear to the Centre on Tuesday that it could not take shelter under the confidentiality clause for not disclosing all names of black-money account holders it had received from abroad. At the outset, Attorney-General Mukul Rohatgi told the court, "We (government) are not interested in hiding any information from the court. This government constituted the...

-The Indian Express Moves to dilute labour-material ratio in MGNREGA and focus exclusively on select backward blocks will adversely impact rural poor. Before the general elections, free-market fundamentalists had lobbied fiercely to reshape so-called wasteful social-sector expenditures. Primary among their targets was the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which, according to them, should become an unconditional cash transfer scheme. Post-elections, the late Gopinath Munde's espousal of the MGNREGA went...

-The Financial Express The proposed MGNREGA changes can help plug the leakages and enhance agriculture productivity There is good news about the Mahatma Gandhi National Rural Employment Guarantee (MGNREGA) scheme. Recent press reports reveal that the rural development minister, Nitin Gadkari, has instructed lowering of the mandatory share for unskilled wages in total expenditure from the current 60% to 51%. He has also directed, quite rightly, that 50% of the expenditure be...

-The Indian Express The MGNREGS stands out as one of the Indian government's most ambitious social schemes, with far-reaching consequences throughout the economy. The only known recipe for poverty eradication is a combination of high growth and high development spending. Neither is sufficient. A recent study (Kapoor and Ahluwalia, 2012) has shown that post-liberalisation, one champion of poverty reduction in India is Andhra Pradesh. This reduction in poverty is widespread, as...

-The Hindu   The reassuring message in the Pradhan Mantri Jan Dhan Yojana is that in pursuing its economic objectives, the government wants to accord an important role to the public sector even while relying on market mechanisms The goal is hard to achieve. It is costly and unviable. It will create huge stresses in the banking system. The Narendra Modi government's Pradhan Mantri Jan Dhan Yojana (JDY), an ambitious scheme for financial...