Social audit is an important tool not just to ensure transparency and accountability in the MGNREGS, but also for successful running of the programme. The MIS (Management Information System) data provided by the website www.nrega.nic.in reveals that at the national-level roughly one-third of all districts were covered under social audit during the financial year 2015-16, as on 26 March, 2016. The top 5 states during 2015-16 (FY) in terms of the...

-The Hindu The Modi government must stop engaging U.S. bureaucrats as patent consultants and instead showcase the Indian patent statute as an exemplar for a balanced regime Earlier this month, the media reported that India “privately” assured the United States that it will not issue any more compulsory licenses. This report was reminiscent of a theory propounded by psychologist Lenore E. Walker in 1979 on abusive patterns in relationships. Four stages of abuse Walker...

-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...

-Outlook The structural basis is being laid out for future authoritarianism at the behest of foreign biometric and surveillance technology What distinguishes Barack Obama and David Cameron from Narendra Modi? Obama and Cameron oppose biometric identification but Modi supports it. On 11 May 2005 in the US, the Real ID Act for a national ID was rushed through US Congress and the US Senate with utmost urgency, a legacy of George Bush...

-Business Standard - Capital Market Unseasonal rains accompanied by hailstorms are creating havoc for Indian farmers year after year even as the country faces shortfall in wheat production by around 13 million tonnes from the initial estimates of 93.8 million tonnes in the current crop year and the development may force the government to consider imports of the staple grain as well, according to an ASSOCHAM paper. "The shortfall in production...