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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Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha
-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...
More »No country for farmers -Yatish Yadav
-The New Indian Express If a government survey report is to be believed, an agricultural household harvests a debt of Rs 3,000 every month, forget about making money to sustain itself. The agricultural household 70th round survey of National Sample Survey Office conducted during July 2012 and June 2013 has revealed that the total income of an agricultural household per month was just Rs 6,426. On the other hand, the total...
More »India hopeful of long-term pulses supply from Mozambique
-PTI New Delhi: Under pressure to control pulses prices, the Centre is hopeful of clinching a long-term deal with Mozambique for assured supply of lentils after the two countries had positive talks last week. Indian delegations last week visited pulses growing nations, Mozambique and Myanmar, to explore government-to- government arrangement for assured supply of lentils, especially tur, on a long term basis. "The delegation is back with long term solution in sight. The...
More »Govt strikes out 1.6 cr bogus ration cards, to save Rs. 10,000 cr
-PTI New Delhi: The Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa. In addition, the Government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer is planned to be extended to 150 schemes by the end of this year, he told PTI here. DBT...
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