-The Indian Express Earlier this month, the ministry of finance announced that over 50 million new bank accounts have been opened and 17 million debit cards issued since the launch of a bold new plan to grant financial access to the poor. Prime Minister Narendra Modi announced this initiative, called the Pradhan Mantri Jan Dhan Yojana (PMJDY), in a speech in August. Its ultimate goal is to reach 150 million unbanked...
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Ending destitution and distress -Brinda Karat
-The Hindu ‘The government has taken steps to destroy MGNREGA, an act that gives purchasing power to the rural poor, following prejudicial contentions of Bharatiya Janata Party leaders' It's no secret that the Bharatiya Janata Party (BJP) does not like the Mahatma Gandhi National Rural Employment Guarantee Act. MGNREGA is perhaps the only law in the world which guarantees 100 days of wage employment a year to one member of a rural...
More »MGNREGA is unwell -Martin Ravallion
-The Indian Express India's 2005 Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) creates a justiciable "right to work" by promising up to 100 days of wage employment per year to all rural households whose adult members volunteer to do unskilled manual work. Employment is provided in public works projects at a stipulated wage. The Central government proposes to allow a greater share of the cost of projects under the scheme to...
More »High Rural Wages Have no Bearing on Inflation -Gayathri Nayak
-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
More »Stolen generation -Rekha Dixit
-The Week Shambhu Kumar, 8, quite liked his job as a domestic help in a small town in Assam. He had to mind two children nearly his age, keep an eye on the ducks and be available for chores all day. It wasn't too hard, and he was well fed, too, though he missed his grandmother, a tea garden labourer. One day, some women from the state education department came to the...
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