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India's rural employment programme is dying a death of funding cuts -Jayati Ghosh

-The Guardian After a decade of success, the landmark scheme is being starved of money by a central government seemingly intent on reining in rural wage growth Ten years ago this week, the Indian parliament unanimously passed the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). It was a historic legislation based on two interlinked goals: ensuring livelihood security to rural residents by providing at least 100 days of guaranteed wage employment...

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The twist in the growth story -C Rangarajan

-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

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Slowdown in rural wages not a temporary phenomenon -Ishan Bakshi

-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...

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Cash transfers can plug PDS leakages: study -Puja Mehra

-The Hindu A new study has estimated that 46.7 per cent or 25.9 million metric tonnes (MMTs) of the grains (rice and wheat), released through the PDS, did not reach the intended beneficiaries in 2011-12. In the study, based on the latest NSSO data, by Chair Professor for Agriculture at ICRIER and former Chairman, Commission for Agricultural Costs & Prices (CACP), Ashok Gulati and Shweta Saini, Chhattisgarh was the best performing...

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State power sans public reason -Yogendra Yadav

-The Hindu The government's reasoning that the land ordinance was meant to extend the benefit of the new law to various types of land acquisitions left uncovered so far is disingenuous Democracy is an exercise in public reason. Democratically elected governments cannot simply throw around the weight of their majority. They have a responsibility to offer good reasons for their decisions. And they must do so publicly. That is why we follow...

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