-Outlook As subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...
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Farming happiness
-The Hindu Business Line The focus of land reforms should change from ceilings to minimum size A significant 72 per cent of farmers ‘like' farming as a profession, according to a recent nationwide survey conducted by the Centre for the Study of Developing Societies (CSDS). This is greater than the 60 per cent figure reported in an official 2003 National Sample Survey round. True, the two surveys may not be entirely comparable...
More »Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »NREGA: Effects and Implications -Nandini Nayak
-NewsYaps.com In 2005, the Parliament of India enacted a landmark legislation known as the National Rural Employment Guarantee Act (NREGA). The aim of this law, renamed ‘Mahatma Gandhi NREGA' in 2009, was to create a legally enforceable guarantee of employment for any adult from rural India willing to do casual manual labour on local public works at a statutory minimum wage. Public works programmes have long been implemented in India...
More »Job creation-A counter-intuitive model-Rajiv Lall
-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...
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