-The Times of India NEW DELHI: Blaming weaknesses in the regulatory system as being the reason behind the rising cases of financial sector fraud, comptroller and auditor general (CAG) Shashi Kant Sharma on Friday drew attention to huge non-performing Assets (NPAs) of public sector banks, a significant part of which could have been fraudulently obtained as advances by debtors and transferred abroad, from where they may never be recovered. The CAG also...
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Govt unveils report on MGNREGA Assets: Ministry of Rural Development
-The Indian Express This is the first time in the decade-long history of the rural livelihood generation scheme that the ministry has released a performance outcome of Assets. Marking a shift of focus under the MGNREGA from mere job generation to asset creation, the Ministry of Rural Development has released a report on creation of irrigation potential for more than 46.57 lakh hectares, and individual Assets for 33 lakh people under...
More »What’s wrong with MGNREGA? All you want to know -Sandip Das
-The Financial Express The rural development ministry has identified unrealistic planning at gram panchayat level, lack of quality Assets created, inadequate capacity of functionaries, inadequate technical staff, lack of monitoring and delay in wage payment, as factors adversely impacting the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The report on performance, initiatives and strategies (FY15-16 and FY16-17) for MGNREGA released by the rural development ministry also identified issues...
More »Additional days of work available under MGNREGS not taken up in drought hit states
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...
More »96% new RS members crorepatis, Praful, Sibal on top
-The Times of India NEW DELHI: Nearly all of the 57 parliamentarians newly elected to the Rajya Sabha are crorepatis with Praful Patel, Kapil Sibal and Satish Chandra Misra topping the charts. As many as 96 per cent or 55 are crorepatis and 13 have criminal cases against them according to an analysis by the Association for Democratic Reforms (ADR). NCP's Praful Patel has Assets worth Rs 252 crore, followed by Kapil...
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