About four years after its first survey on the implementation of the National Rural Employment Guarantee Act in Orissa's hinterlands that showed large-scale defalcation of money, the Delhi-based NGO Centre for Environment and Food Security today in its second performance audit revealed that 67 per cent of very poor Dalit and tribal households in Orissa and UP did not get even a single day of the NREGS employment during previous...
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Half of world’s poorest countries can escape poverty by 2020 – UN
Half the world’s 48 least developed countries (LDCs) can “graduate” out of their impoverished status within 10 years if they benefit from better targeted development aid, duty- and quota-free access for exports and doubled farm productivity and School enrolment, according to a United Nations report released today. This is considered a bold objective, given that altogether there have been 51 LDCs since the category was created by the UN in 1970,...
More »Have-nots know little, haves do little by Masoom Gupte & Shivani Shinde
Amid technical and infrastructural constraints, Maharashtra has rolled out 1.2 million Aadhaars, but the beneficiaries have been able to make little use of these numbers Ashok Bhil, a 25-year-old graduate from Navalpur, 7 Km from Tembhli, is disappointed with the way the Unique Identification Authority of India (UIDAI) is rolling out Aadhaar in Maharashtra. Last September, the United Progressive Alliance (UPA) government chose Tembhli, a small village in the predominantly tribal Nandurbar...
More »Fukushima Revives Debate Over Nuclear Liability by Ranjit Devraj
The Fukushima disaster has prompted calls to review legislation passed by the Indian parliament in August 2010 that capped compensation payable, in the event of a nuclear accident, at 320 million U.S. dollars. "Fukushima showed what the potential damage from an accident could be," M.V. Ramana, physicist and well-known commentator on nuclear energy safety issues, told IPS. "The economic damages [at Fukushima] must have certainly exceeded the compensation allowed in the nuclear...
More »Dr Arvind Virmani, Affiliate Professor (& Distinguished Senior Fellow), George Mason University (School of Public Policy-CEMP), and Executive Director, IMF interviewed by TCA Srinivasa-Raghavan
Given a positive regulatory environment, banks and other financial intermediaries will certainly be interested in using the smart card opportunity. Dr Arvind Virmani, with a Ph.D. from Harvard and 30 years of professional experience, is one of the most valued economists in the Government. Before he retired as Chief Economic Advisor in 2009, he had served in the Finance Ministry and the Planning Commission. A researcher par excellence, his research papers...
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