-Deccan Herald Just recall the scene in parliament when the National Rural Employment Guarantee Act was passed in 2005. In Lok Sabha, Speaker Somnath Chatterjee put forth the motion – “Those in favour, say aye” – a unanimous chorus rose from the packed Lok Sabha. “Those against, say no,” – there was dead silence. “I think the ayes have it!” he said – and a seminal, landmark legislation became a reality. As then...
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Job scheme facing Fund Crunch -Vikas Vasudeva
-The Hindu Rural Development Minister asks Jaitley to release Rs. 5,000 crore more With the demand by States for the release of money under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to clear pending liabilities and dues getting more persistent, Rural Development Minister Birender Singh has written to Finance Minister Arun Jaitley, urging him to immediately release the additional Rs.5,000 crore as promised. “Since MGNREGS is a demand-driven wage employment programme...
More »Rs 3,250 crore package to decongest Delhi -Mayank Manohar
-The Times of India NEW DELHI: In a major move to decongest the city, urban development minister Venkaiah Naidu on Sunday announced a Rs 3,250 crore package for the capital, to be used for construction of flyovers, underpasses and rail overbridges to free up arterial roads. From the fund, the Delhi government will get Rs 1,500 crore, DDA Rs 1,665 crore and the North Corporation Rs 85 crore. "Delhi is facing lots...
More »Unpaid subsidy means FCI to be starved of funds by December -Sandip Das
-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
More »For drought-hit farmers, higher compensation still a pittance -Sanyantan Bera
-Livemint.com The govt did increase compensation for crop damage to 50% and even relaxed norms for claims but farmers will get less than a fifth of what they have lost to drought New Delhi: In April, Narendra Modi announced an increase in compensation for crop damage, a move the prime minister termed as a landmark decision and one that will impose a great burden on his government. His announcement followed unseasonal...
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