-The Hindu With unseasonal rain laying waste vast areas under the rabi crop in north India earlier this year and the threat of a deficient monsoon looming, the Mahatma Gandhi National rural Employment Guarantee Scheme could act as a real salve for distressed farm workers and labourers. The World Bank’s brief statement on the scheme on Tuesday to this effect, as part of its latest India Development Update, concurs with recent...
More »SEARCH RESULT
Total Matching Records found : 10097
World Bank: NREGA, the only insurance for India
-The Hindu The World Bank said on Tuesday that the spike in ‘unmet demand’ for MGNREGA jobs is an indicator of increasing rural distress. Since the scheme is the only and therefore the best bet India has for mitigating the impact on the poor of the recent unseasonal rains, the government should take steps aimed at arresting delays in wage payments and the rising unmet demand for jobs. “If you are a...
More »MGNREGS less effective in reducing poverty: World Bank -Asit Ranjan Mishra
-Livemint.com The rural jobs scheme will be cost-effective only if assets created are of sufficient value to the poor, says bank New Delhi: Unless India’s rural job guarantee scheme can be turned around to create valuable assets, transferring cash directly to intended beneficiaries could reduce poverty faster, the World Bank said on Tuesday, joining an ongoing debate on the effectiveness of the Mahatma Gandhi National rural Employment Guarantee Scheme (MGNREGS). In its...
More »The inclusion project -Shamika Ravi
-The Indian Express A little more than a week ago, World Bank chief Jim Yong Kim praised Prime Minister Narendra Modi for launching the Pradhan Mantri Jan-Dhan Yojana (PMJDY), which he called an “extraordinary effort” at financial inclusion. According to the Union finance ministry, India has attained 99 per cent financial inclusion, measured as households’ access to bank accounts. Within three months of launching the PMJDY, the government entered the Guinness...
More »Kissa kisan ka - Evading blame for rural distress -Sreenivasan Jain
-Business Standard Events after a farmer's suicide at an AAP rally encapsulate the state of public discourse on Indian agriculture The spectacle of political one-upmanship, blame, hyperbole (and even some Filmfare-worthy expressions of grief) triggered by the suicide of Gajendra Singh, a young man from Rajasthan at an Aam Aadmi Party rally in New Delhi, perfectly encapsulates the state of public discourse on Indian agriculture today. The discovery that his may not...
More »
