Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...
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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das
-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
More »Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar
-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
More »An uncertain Hobbesian life -Feroze Varun Gandhi
-The Hindu India's small farmers have been struggling for centuries now and they need social and governmental action to change their future Of India's 121 million agricultural holdings, 99 million are with small and marginal farmers, with a land share of just 44 per cent and a farmer population share of 87 per cent. With multiple cropping prevalent, such farmers account for 70 per cent of all vegetables and 52 per cent...
More »Made in India, by small enterprises -Charan Singh
-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...
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