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Unorganized sector may get complete medical care under ESI scheme -Mahendra Singh

-The Times of India NEW DELHI: Rickshaw pullers, autorickshaw drivers, Anganwadi and Asha workers and other such vulnerable groups may get complete medical care (from primary to tertiary) under the umbrella of employee's state insurance (ESI) scheme. They may also be entitled for a range of cash benefits during exigencies arising out of their jobs such as death, injury, disablement, maternity and unemployment as guaranteed to workers in organized sector under the...

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Study shows rural job guarantee's positive impact on poor, women

-Business Standard The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) helped lower poverty by  32 per cent between 2004-05 and 2011-12, lifting almost 14 million in this regard, says a recent survey by the National Council for Applied Economic Research and the University of Maryland. The study involved 26,000 households and used data from the two rounds of the India Human Development Survey, 2004-5 and 2011-12. In this period, though overall economic...

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World’s largest anti-poverty scheme MGNREGA cut poverty, empowered women, but reach limited

-The Financial Express The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the world’s largest anti-poverty programme, reduced poverty and empowered women but its success has been limited due to lack of work in some of the poorest states, according to a recent report. Comparing two states, Chhattisgarh (strong programme implementation) and Bihar (weak), a study by the National Council of Applied Economic Research and the University of Maryland found that nearly...

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NREGA improving the lives of poor, says study

Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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