Despite the hype over the NREGA scheme , a survey has found out that about 52 per cent of the poor and needy households in the backward region of Bundelkhand in Uttar Pradesh did not get a single day of NREGS employment during the last year. The average actual NREGA employment provided to per needy household during the previous 12 months was about 21 days in Chitrakoot district, 19 days in...
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Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
More »India Can't Get the Food Right Wrong by Harsh Joshi
India's government has an ambitious plan for eradicating hunger in the country. Unfortunately, it may be going about it the wrong way. The National Food Security Bill that New Delhi intends to implement this year will make food a legal right for every citizen, including the millions of poor and underprivileged. No doubt the motive is right: India has one-fourth of the world's hungry poor, according to United Nations statistics. But merely...
More »Don't blame the poor, it is Bush language: Brinda by Sujay Mehdudia
Lashing out at the United Progressive Alliance-II for following anti-people policies and not even sparing school-going children in the general budget by levying taxes on their textbooks and stationary, Communist Party of India (Marxist) leader Brinda Karat on Thursday urged the government not to blame the poor for the food inflation. “By attributing the rise in prices to increasing consumption by the poor, the government is putting the blame for food...
More »Aadhaar sets stage for cash transfers by Surabhi Agarwal
In line with finance minister Pranab Mukherjee’s budget announcement on Monday that the government is looking at direct cash transfers as an alternative to the current subsidy on Kerosene and fertilizers and to prevent leakages, the Unique Identification Authority of India (UIDAI) is planning to open Aadhaar-linked bank accounts for the purpose. These can be used for other financial transactions as well. The authority is in the process of empanelling banks...
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