Two back-to-back reports that shed light on the status of MGNREGA implementation in the country, have been released recently from the Ministry of Rural Development (MoRD). A review of MGNREGA implementation in 8 different states of India by a team of experts during the month of May this year reveals that in many of the drought affected districts, the Gram Panchayats have no work to offer under the programme. (Please click...
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CABinet clears Rs 6,000 crore package for textiles, apparel
-PTI The government approved on Wednesday a Rs 6,000-crore special package for textiles and apparel sector to create one crore new jobs in 3 years, attracting investments of $11 billion and generating $30 billion in exports. The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing. “Over the last few years, apparel...
More »Five charts on the state of India’s housing sector -Roshan Kishore
-Livemint.com Majority in India own a house, but that does not mean opulence like it would mean in an advanced country A year ago, the Union CABinet gave its approval to the “Housing for all by 2022” mission with a special focus on providing affordable housing to economically weaker sections in urban areas. While it is still early days to assess the scheme’s progress, what exactly is the housing situation in...
More »The best way to welfare -Abhijit V Banerjee
-The Indian Express Swiss voted against the idea of a Universal Basic Income. But the debate continues We in India tend to associate Switzerland with fresh-faced girls in dirndls on a beautiful hillside, or with a CABal of silent bankers, but it is in fact a much more interesting country than those clichés might imply. For one, they decide on policy by referendums — if a hundred thousand Swiss sign up to...
More »Govt cracks the whip on price rise -Sanjeeb Mukherjee
-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
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