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Panaji: Over Rs 3 Crore Paid Under MGNREGA in Goa

A total of Rs 3,79,29,000 have been paid to the unskilled workers under Mahatma Gandhi National Rural Employment Guarantee Scheme MGNREGA so far in the state, said Union Minister for Rural Development Dr C P.Joshi informed Shantaram Naik MP in a written reply to the question asked by him in the Rajya Sabha on the subject. Minister said that at the time of commencement of the scheme wage rate in Goa...

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Microfinance: What's wrong with it by M Rajshekhar

The Poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

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Food Security law soon: Centre

The Centre informed the Supreme Court on Thursday that it would soon put in place the National Food Security legislation after taking into consideration the recommendations of the National Advisory Council. This law would address the court's concerns over making foodgrains allotment to the States. Attorney-General G. E. Vahanvati told a Bench of Justices Dalveer Bhandari and Deepak Verma that pending enactment of the legislation, a committee was constituted to monitor...

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'Nearly 10%' of Indians are without jobs

Nearly 10% of Indians are without jobs, a new study of the country's labour force has found. The study by the federal labour ministry was conducted in some 46,000 households in 28 states all over the country. It also found that over 85% of Indians had no access to social security. Various surveys have pegged India's unemployment rate between 2.8 to more than 10%. Analysts say the actual figure is much higher. They say...

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India's poor development record by Subir Roy

The latest Human Development Report, or HDR, (2010), marking its 20th anniversary, is both remarkable and useful. Remarkable because it brims with intellectual confidence, born out of a sense of vindication over the “conceptual brilliance and continued relevance” of Mahbub ul-Huq’s original human development paradigm set out in the first sentence of the 1990 report — “People are the real wealth of nations.” The idea of human development, which, through...

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