-IPS News NAYAGARH (IPS): Kama Pradhan, a 35-year-old tribal woman, her eyes intent on the glowing screen of a hand-held GPS device, moves quickly between the trees. Ahead of her, a group of men hastens to clear away the brambles from stone pillars that stand at scattered intervals throughout this dense forest in the Nayagarh district of India’s eastern Odisha state. The heavy stone markers, laid down by the British 150 years...

-The World Bank A World Bank study shows creating productive Assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

-Livemint.com The rural jobs scheme will be cost-effective only if Assets created are of sufficient value to the poor, says bank New Delhi: Unless India’s rural job guarantee scheme can be turned around to create valuable Assets, transferring cash directly to intended beneficiaries could reduce poverty faster, the World Bank said on Tuesday, joining an ongoing debate on the effectiveness of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In its...

-Hindustan Times Shimla: After the Union government’s nod, maximum 100-workday condition under the National Rural Employment Guarantee Act (NREGA) has been relaxed for roadside tree plantation activities in Himachal Pradesh. Under the NREGA, 100 days employment guarantee is ensured across the country. However, the Centre approved the state’s proposal to induct the roadside plantation activity under the NREGA and to remove the condition of 100 days. Now, not only tree plantation but protection...

-Livemint.com The RBI norms towards targeted marginal lending for the small farmer is a structural solution to aid them—unlike bailout packages, which provide only short-term relief In its latest overhaul of priority sector lending rules, the central bank has stipulated that lenders should funnel at least 8% of their credit to small and marginal farmers. While the overall agriculture loan growth has galloped over the past decade, the chart shows why...