-Live Mint After years of denial about problems in its flagship social welfare programme, the MGNREGS, the government has awoken to the need for an honest debate on the subject After years of denial about problems in its flagship social welfare programme, the Mahatma Gandhi National Rural Employment Scheme (MGNREGS), the government has awoken to the need for an honest debate on the subject. On Saturday, Prime Minister Manmohan Singh made some...

-PTI Prime Minister Manmohan Singh on Saturday said the issue of delayed payment to workers under the National Rural Employment Guarantee Act (NREGA) should be addressed at the earliest, and sought concurrent audit of rural development schemes. ”I am surprised to hear from (Rural Development Minister) Jairam Ramesh that concurrent evaluation processes are not in good shape. When I was in the Planning Commission long ago, I think we have started the...

-The Times of India With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.  The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years.  Industry insiders said that this could save the day for the...

-The Hindustan Times There is good news for the Himachal Pradesh Power Corporation Ltd (HPPCL), the executing agency of the Renuka dam project, with the National Green Tribunal giving a green signal to the acquisition of land for the project. Vacating an interim stay ordered by it on July 28 last year on the land acquisition for the Rs 3,600-crore Renuka dam project, the tribunal has allowed the HPPCL to consider...

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...