-The Economic Times In over a decade, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been instrumental in providing employment to rural households. One of its key provisions is that once the work week is completed, the worker must be paid within 15 days. Millions depend on the timely payment of these wages. The payments process has made many strides in the last decade, from Cash payments to wages being...

-Business Standard The task force also highlighted that companies had been misused to channel unaccounted Cash after demonetisation in November 2016 Mumbai: The government’s task force has arrived at a formula to define a ‘shell company’, a move critical for enforcement agencies to crack down on dubious entities exploiting the regulatory framework. According to sources, the task force has listed 18 key parameters, including beneficial ownership and the nature of business dealings, to...

-Scroll.in Scroll.in reporters fanned out across the country to uncover the reasons for the crisis. India’s current Cash crunch is a real enigma. To begin with, there is its sheer unprecedented nature. In all the years since Independence, India has never seen something like it. “We have heard of coin shortages but never a Cash shortage,” said MS Sriram, visiting faculty at the Indian Institute of Management-Bangalore’s Centre for Public Policy. “I...

-The Indian Express The decision puts to an end a long-drawn disagreement between Maneka and NITI Aayog, with the former batting for packaged nutrients and the latter wanting to substitute food with Cash given to beneficiaries through direct benefit transfer. The National Council on India’s Nutrition Challenges has rejected Woman and Child Development Minister Maneka Gandhi’s longstanding, much-debated proposal to provide packaged nutrients to replace the existing take-home rations across 14 lakh-odd...

-The Indian Express To rope in 50 FPCs for business from this kharif season Pune: MahaFPC, the apex body of farmer producer companies (FPCs) in the state, has decided to try its hands at the business of input management, mainly fertilisers, this year. Yogesh Thorat, managing director of MahaFPC said they will be targeting around 50 FPCs to get into the business, starting the kharif season. Since the start of the FPC movement,...