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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

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It's not rural India alone; job scheme also in distress -Nitin Sethi

-Business Standard Even as country stares at a possible drought, Mahatma Gandhi National Rural Employment Guarantee Scheme has hit a new low At a time when rural India is in distress, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which could have provided some relief, is itself facing its worst period ever. The number of people working under the scheme and the amount of work provided is dwindling, and the trend...

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Himachal: 100-workday condition relaxed for roadside plantation under NREGA -Saurabh Chauhan

-Hindustan Times Shimla: After the Union government’s nod, maximum 100-workday condition under the National Rural Employment Guarantee Act (NREGA) has been relaxed for roadside tree plantation activities in Himachal Pradesh. Under the NREGA, 100 days employment guarantee is ensured across the country. However, the Centre approved the state’s proposal to induct the roadside plantation activity under the NREGA and to remove the condition of 100 days. Now, not only tree plantation but protection...

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Aadhaar and Brazil soothe French heartache -KM Rakesh

-The Telegraph Bangalore: Six years ago, a 16-year-old Revanna M had missed a chance to travel to France for football training because, as an orphan, he didn't have the documents to obtain a passport. Memories of that heartbreak returned to haunt him last summer when he was chosen by an NGO as one of six underprivileged youths to visit Brazil during the football World Cup. Again, a passport seemed elusive for Revanna,...

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Monsoon calling -Vinson Kurian

-The Hindu Business Line The recent devastation of crops shows that the Indian economy continues to be a ‘gamble’ on the rain. But can India Meteorological Department’s new model make it predictable? Moisture wrecks a farmer's life. Since February this year, lakhs of farmers across 14 states were left with damaged crops. Unseasonal rains destroyed crops on 11 million hectares spread over Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra and Punjab....

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