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NREGA improving the lives of poor, says study

Although MGNREGA has been looked upon with suspicion by the Government, industry as well as the landed farming class for various reasons including inefficiency, leakages, corruption, rise in rural wages, cost escalation etc., a new report reveals that the programme reduced poverty among its participants between 2004-05 and 2011-12 by providing employment. The report entitled Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation has estimated that...

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Farmers from across India converge on the capital to demand fair prices, scrapping of land bill -Debobrat Ghose

-Firstpost.com New Delhi: A large section of farmers and agricultural labourers from various states across the country didn’t want to lose the opportunity of the ongoing monsoon session of the Parliament, to make their voices heard to the lawmakers of this nation. Amid sloganeering —“Ladenge, Jeetenge… Jai Kisan, Jai Kisan” (We’ll fight, we’ll win… Hail farmers!) — at Jantar Mantar in New Delhi on Monday, hundreds of farmers and leaders of various...

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Forget Inflation Targeting -Prem Shankar Jha

-The Indian Express   It has only managed to kill manufacturing and employment growth    In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...

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India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee

-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...

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Rural deprivation -Indira Rajaraman

-Livemint.com The problem with the SECC is the absence of cross-tabulations showing the intersections between the seven deprivation sets The original intent of the Socio-Economic and Caste Census (SECC), whose findings for rural India were made public in June, was to collect information on economic and caste identifiers for access to subsidized food under the National Food Security Act of 2013, and to define a priority set with higher access and...

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