But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
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The right to work-Ruhi Tewari
Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time. In one...
More »Pull up socks on NREGA, Jairam tells Karnataka
-The Times of India Karnataka, reeling under severe drought, has received a body blow: the Centre has withheld its next instalment of grant to a rural job scheme citing five shortcomings in its implementation in the state. "The release of the next instalment of the central share (for the Mahatma Gandhi National Rural Employment Guarantee Scheme) to the state depends very crucially on how it is able to spend the funds...
More »Microfinance institutions escape charge of abetting suicide of clients-M Suchitra
In 2010, Andhra Pradesh witnessed a series of suicides. These were not cases of farmers' suicides—a regular occurrence in the state which continues to be in the grip of an agrarian crisis. The victims in these cases happened to be the poorest of the poor; most of them illiterate dalits and adivasis. The first information reports (FIRs) of the police reveal that most of the suicides were due to coercive...
More »Jairam links job cash to Bengal progress-Basant Kumar Mohanty
The Centre has cited three shortcomings in the implementation of the rural job scheme in Bengal and linked the next instalment of grant to the resolution of the problems. In a letter sent to chief minister Mamata Banerjee yesterday, Union rural development minister Jairam Ramesh has identified the critical areas as low completion rate of works, delay in e-transfer of wages and inadequate action on complaints of irregularities. “Let me make it...
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