-The Hindu Hyderabad: The credit plan estimate for 2015-16 for priority sector lending in Andhra Pradesh has been put at Rs.98,679 crore by the National Bank for Agriculture and Rural Development, 27 per cent higher than State's credit plan for 2014-15. The plan estimate was unveiled here on Thursday at a State Credit Seminar, which was attended by Chief Minister N. Chandrababu Naidu, Agriculture Minister P. Pulla Rao and Chief Secretary I.Y.R....
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Merge MGNREGA with DBT
-The Financial Express Given that the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is now a decade old, and there have been repeated allegations of it being a breeding ground for corruption, a thorough review of it is called for. Though Nitin Gadkari's plan to limit the scheme to the poorest districts and to change the amount reserved for labour payments did not go down well when he was the...
More »Rural reach -Amita Sharma
-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...
More »The twist in the growth story -C Rangarajan
-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...
More »Dispossession, development and democracy -Michael Levien
-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...
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