-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...
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Despite being around for a decade, MGNREGS continues to be plagued by leakages, fraud -Dinesh Narayanan
-The Economic Times I will never make the mistake of discontinuing M(G)NREGA; because it is a living testimony of your failures. After 60 years of Independence you had to make people dig ditches — Prime Minister Narendra Modi. In that March 2015 speech in Parliament, Prime Minister Modi taunted the Congress Party that the rural job guarantee programme Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was required because of the party's...
More »Job scheme in decline -Ajoy Ashirwad Mahaprashasta
-Frontline.in The increase in the budgetary allocation for the MGNREGA is only marginal. The scheme helped lower the poverty level by 32 per cent between 2004-05 and 2011-12, but government support for it has been declining steadily. In the beginning, economists belonging to the Right and the Left were of the view that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) was merely a populist measure. While the former believed...
More »Aadhaar cleared through Money Bill route: Why Modi cannot use this option every time -Aditi Phadnis
-Business Standard Centre needs to have dialogue with the Opposition instead of letting politics come in the way; it needs to stoop to conquer Will the National DemocRATic Alliance (NDA) government now use the Money Bills route to get Parliament — more to the point the Rajya Sabha where it does not have a majority — to clear legislation? The fact is, getting all Bills to be classified as Money Bills to circumvent...
More »Budget outlays too small to effectively run welfare schemes, say social activists
-Scroll.in Activists also challenge the government's proposal to make Aadhaar mandatory for social schemes. Soon after the Budget was presented in the Parliament on February 29, Prime Minister Narendra Modi described its provisions as pro-poor, pro-farmer and pro-village. But two weeks on, seven grassroots campaigns working on the right to food, public health, education, sanitation, and the rural employment guarantee programme said that the Budget will fail to sustain existing welfare schemes. In...
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