The economy faces more downside risks now as economic disruptions arising from the second wave are likely to stabilise only from July, warned the Swiss brokerage USB Securities. Last month, the brokerage had cut its GDP forecast by 150 bps to 10 per cent for FY22, which though is much higher than the consensus projections by others with some pegging it at as low as 8 per cent. Though adverse impacts on sequential growth is less severe than in the June 2020 quarter when it plunged by 23.9 per cent, as lockdowns are more targeted and localised and households and businesses have adjusted to the new normal now, still, it is increasingly possible that normalcy returns only by July as against our baseline assumption of June.
Uttar Pradesh Chief Minister Mayawati has warned the officers of stern action if irregularities were detected in implementation of the Mahatma Gandhi National Rural Employment Guarantee Act.
Nearly 73 per cent of the funds allotted for the implantation of the Mahatma Gandhi National Rural Employment Gurantee Act in 38 districts of Bihar between 2006 and 2012 have been embezzled by authorities. Bihar spent a total amount of Rs 8,189 crore during 6 years on NREGA, according to an audit conducted by the Delhi-based Centre for Environment and Food Security.
Uttar Pradesh Chief Minister Akhilesh Yadav on met Prime Minister Manmohan Singh and demanded smooth transfer of funds for Central schemes like Mahatma Gandhi National Rural Employment Gurantee Act and asked for help in holding the forthcoming Kumbh festival, cleaning of the Ganga and coal supply to the state.
NGOs have acquired a certain critical mass and are increasingly becoming powerful voices in public discourse.
'The opposition wants the country to run on the basis of Shariat but this cannot happen'
'I have serious doubts about the longevity of the NDA government and the longevity of the 18th Lok Sabha itself.'
The BJP on Wednesday said it would move amendments to the proposed National Rural Employment Guarantee Bill if the government does not incorporate the changes suggested by the Standing Committee.
The National Informatics Centre has been at the forefront of almost each and every e-governance project you can think of in India.
Farm activists say low MSP is fine, if salaries revised under the Sixth Pay Commission are lowered.
The Prime Minister also expressed concern over problems in implementation of MNREGA in Naxal-affected areas.
Agriculture experts on Tuesday asked Finance Minister P Chidambaram to consider replacing the system of Minimum Support Price with Remunerative Prices and Participatory Price Insurance Scheme and to provide capital subsidy to build water storage pits
Government will roll out National Rural Employment Guarantee Act scheme in all the 596 rural districts in the country in 2008-09.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
At least 22 Uttar Pradesh government officials have been suspended for their alleged bungling of the National Rural Employment Guarantee Scheme (NREGS) funds.
Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore
'All my wealth I earned in the US. It is all money earned transparently. I have paid all taxes.'
Jaitley's Budget has the potential to change the face of Modi's Bharat
Programme has also failed in its target of providing a guaranteed employment of 100 days in a year to one person per family.
'The government should act proactively to instil confidence in the private investors, and also boost the purchasing power of people directly or indirectly by ensuring minimum wages.'
All set for more public interactions even as PM has been critical of the apex auditor recently.
Prime Minister Manmohan Singh on Saturday charged that Nitish Kumar-led National Democratic Alliance government in Bihar has failed to fully implement Centre-sponsored schemes but is taking credit for them.
UPA-2 seems to have completely lost direction in almost every single way be it in governance, national security, internal security, development initiatives, poverty alleviation and corruption eradication, says Pramod Kumar Buravalli.
Four Members of Legislative Assembly, a Member of Parliament and over 100 village heads were on Friday detained ahead of their march to Rajasthan assembly demanding abolition of contractual system and social auditing in Mahatma Gandhi National Rural Employment Guarantee Act, police said.
This step has been taken by the DM after all his efforts to spur the staff failed and the district continued to be placed among the least performing districts of the state in implementation of the scheme, the ADM added.
Union Minister of State for Communications and Technology Sachin Pilot on Friday charged the National Democratic Alliance government in Bihar with misuse of central funds worth over Rs 11 crore under Mahatma Gandhi National Rural Employment Guarantee Act and other flagship programmes for the poor.
Although India is a labour-surplus economy with an unlimited number of workers willing to work at a subsistence wage a paradoxical feature of the labour market is the rising incidence of scarcity or shortages amid a situation of potential plenty.
Ballooning fiscal deficit can derail India's growth momentum
A government-sponsored study on the National Rural Employment Guarantee Act has found large-scale corruption and irregularities in the implementation of the programme in several states with authorities in some areas misappropriating' central funds and threatening workers to keep their mouth shut."There was great fraud in the making (of job) cards, muster rolls were not maintained properly and work was not provided to job seekers sometimes," a team of researchers said.
Most farmers depend on rainwater for farming.
The project titled 'Thanal' launched by Edavaka Gram Panchayat with MGNREGS help, has provided less strenuous jobs for 600 senior citizens, including 250 tribals and 10 physically challenged in 15 nursery units, Panchayat President, Justine Baby has said.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
The Tamil Nadu development formula makes programmes like the NREGS work through simple but top-down solutions.
The Minimum Wages Act will be amended to enact a new centrally set minimum, in the wake of the National Advisory Council's suggestion on asymmetries in this regard between states on payments for work done on schemes under the National Rural Employment Guarantee Act.
The Budget is likely to implement the Congress's poll promise of a Food Security Bill, apart from increasing funds for schemes under the Mahatma Gandhi National Rural Employment Guarantee Act, earlier known as NREGA.
Around 40 per cent of the country is staring at drought-like conditions ahead of the monsoon as water levels have receded sharply.
The Centre, last year, had also decided to freeze the minimum wage paid under NREGA at Rs 100. Subsequently, the wages paid in many states under NREGA are lower than the minimum wages in the state.
