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#NREGA implementation challenges
townpostin · 2 months
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MGNREGA Workers Launch Indefinite Strike in Jharkhand
5,000+ Employees Demand Job Security and Better Benefits Indefinite strike by MGNREGA workers in Jharkhand threatens to disrupt crucial rural development schemes and wage disbursements. RANCHI – Over 5,000 MGNREGA workers across Jharkhand have initiated an indefinite strike, raising concerns about the continuity of vital rural development programs. The strike, which commenced on Monday, stems…
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abfdfjy · 1 year
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SPSR Nellore District's MGNREGS Scheme: A Step Toward Rural Development
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) stands as a flagship program of the Indian government, aiming to uplift rural communities by providing employment opportunities and creating essential rural infrastructure. This transformative initiative guarantees a minimum of 100 days of employment to every rural household within a financial year. Launched in 2005 under the leadership of N Chandrababu Naidu, the former Chief Minister of Andhra Pradesh, MGNREGS has successfully provided employment and livelihood opportunities to the rural poor across India.
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SPSR Nellore district, situated in Andhra Pradesh, has made remarkable strides in implementing the MGNREGS scheme under the administration of Shri N Chandrababu Naidu. The district's progress in this program has led to the creation of employment opportunities and the development of crucial infrastructure. Nellore achieved its monthly targets, consistently ranking first in the state. This achievement of TDP has significantly enhanced livelihood security and represents the district's best performance in 14 years. Even during the challenging times of the pandemic, the scheme provided employment to tens of thousands of workers. The impact of MGNREGS extends beyond employment, playing a pivotal role in drought-proofing and flood management in Andhra Pradesh. It has also been instrumental in empowering women and marginalized groups, including Scheduled Castes (SC) and Scheduled Tribes (ST). Nellore's utilization of the scheme's resources has resulted in the creation of assets such as village secretariats, buildings, houses, Anganwadis (childcare centers), and Rythu Bharosa Kendras (farmer support centers), with 40% of the scheme allocated for these endeavors. This allocation of resources has provided income and employment opportunities to the rural poor, making a significant TDP Contribution to poverty eradication and the empowerment of disadvantaged groups in rural areas. For the latest local news and Nellore TDP live updates, one can refer to the official TDP website. Former Chief Minister N. Chandrababu Naidu's commitment to the welfare of the rural poor is evident in his directive to TDP leaders in the state to utilize ₹4,000 crores for NREGA (National Rural Employment Guarantee Act) works, with the goal of reaching ₹10,000 crores within that financial year. This underscores the government's dedication to improving the lives of the rural poor and underscores the importance of the MGNREGS scheme in providing them with employment and livelihood opportunities. In addition to the success of MGNREGS, the TDP government in Andhra Pradesh has focused on transitioning farmers from low-income agriculture to high-income horticulture. Under the leadership of N Chandrababu Naidu, the government has achieved an impressive growth rate of 11%, surpassing the national growth rate of 3%. This growth has been facilitated by the innovative use of river linkage to irrigate drought-prone regions, ensuring that sowing activity remains unaffected despite a 35% rainfall deficit. The TDP government's efforts have been centered on increasing the income of farmers and providing them with alternative sources of livelihood. Recognizing the importance of agriculture and allied sectors, N. Chandrababu Naidu, the national president of the TDP political party, initiated a separate MGNREGS work calendar specifically tailored for these sectors. This customized approach accurately calculates the number of empowered 100 days of guaranteed employment, demonstrating the government's commitment to improving the lives of farmers and ensuring they have a stable source of income throughout the year.
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has emerged as a powerful instrument for rural development and poverty alleviation under the visionary leadership of N Chandrababu Naidu in SPSR Nellore district and Andhra Pradesh as a whole. Its impact extends beyond providing employment to the rural poor, encompassing infrastructure development, drought-proofing, and empowering marginalized communities. Nellore's exemplary performance in implementing MGNREGS highlights its commitment to rural development, and the government's focus on transitioning to high-income horticulture and improving farmers' livelihoods underscores its dedication to uplifting rural communities. The government's customized approach to MGNREGS for agriculture and allied sectors further exemplifies its commitment to improving the lives of rural citizens and ensuring their economic stability throughout the year. For the latest updates and news related to these initiatives, one can visit the official TDP website.
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techsciresearch · 4 years
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Tractor Sales in India Crossed 700 Thousand Units in FY 2020 – TechSci Research
Rising farmer income, increasing government focus on farmer welfare and rural development along with mechanization in agriculture and growing popularity of bank financing facilities to boost tractor market in India
According to TechSci Research report, “India Tractor Market By Application Type, By Power Output, By Drive Type, Competition, Forecast & Opportunities, FY 2026”, India tractor market stood at 709 thousand unit sales in FY 2020 and is forecast to grow at a CAGR of around 10% until FY 2026. Growth in the market is anticipated on account of increase in demand for mechanization in agriculture & logistics industry. The Government of India is planning to double farmer income by 2022 and has already implemented National Rural Employment Guarantee Act (NREGA), with strong focus on improving farm productivity and mechanization of agricultural practices. Strengthening of financial state of the country’s agriculture industry by loan waivers, government subsidies and growing availability of bank financing options will be the key factors responsible for the growth of tractor market in India over the next five years.
Browse over 23 market data Figures and Tables spread through 70 Pages and an in-depth TOC on "India Tractor Market"
https://www.techsciresearch.com/report/india-tractor-market/2884.html
 India tractor market is classified based on application type, power output, drive type, and region. Based on application type, the market is segmented into agriculture and construction, mining & logistics. In 2019, the agriculture sector accounted for the largest share in the country’s tractor market, followed by construction / mining and logistics sectors. In terms of power output, tractor market is categorized into below 40HP and 41-100HP.  The market is currently dominated by tractors with rated power output under 40HP. However, with increase in expenditure by agricultural communities, and to meet diverse needs of heavy tasks associated with large scale farming such as mowing, tilling, plowing, cutting, loading, etc., demand for performance-oriented tractors with rated output of 50HP to 80HP is also expected grow in the coming years.
Due to the implementation of lockdown to prevent spread of COVID-19 pandemic, sales of tractors in the month of March 2020 fell by almost half and that in April 2020 fell by almost 90% as compared to corresponding months of the previous year. Nevertheless, the market rapidly recovered in May 2020 with a rise of 4% as compared to May 2019. At present, there are 16 major domestic players alongside four global ones engaged in manufacturing tractors in the country. Mahindra & Mahindra Ltd. holds the largest share in tractor market, followed by TAFE Ltd., Sonalika Group (ITL), and Escorts Ltd. holding double-digit shares. Other leading market players include John Deere, CNHI India Pvt Ltd, Force Motors Ltd., Captain Tractors Pvt. Ltd., Ace Ltd., and Preet Tractors (P) Ltd.
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“Mahindra & Mahindra dominated the market in the financial year 2020, due to its wide dealer network and a broad range of economical yet quality product offerings. Demand for tractors is anticipated to increase in India in the coming years, on account of rising need for mechanized farming and growing government focus on strengthening agriculture industry and improving productivity.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Tractor Market By Application Type, By Power Output, By Drive Type, Competition, Forecast & Opportunities, FY 2026” has evaluated the future growth potential of India tractor market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India tractor market.
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bharatiyamedia-blog · 5 years
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Financial Survey 2019: Good overview of state of the economic system, however shouldn't be learn as precursor to Nirmala Sitharaman's maiden Finances
http://tinyurl.com/yymhseat The Financial Survey has been a commentary on the efficiency of the economic system within the earlier yr with a chapter on the prospects which tended to be normal. During the last decade or so ever since Kaushik Basu took over because the Chief Financial Advisor (CEA), there have been sections on mental points which might be interpreted as prescriptions. The variety of chapters saved multiplying over time with each CEA imposing his stamp when it comes to ideology and evaluation of the financial points. These sections had been information pushed with robust hypotheses and suggestions that had been compelling. The current Financial Survey is available in two volumes with the primary one having 11 chapters or topics which can be mentioned threadbare adopted by Quantity 2 which has the standard chapters on all of the sectors. The second quantity doesn’t have any new headline numbers to current as all the info is already identified and therefore the areas of curiosity are within the micro numbers inside each part that’s meant for the specialist. There are some attention-grabbing factors or takeaways from these sections which deserve point out. First is that development in FY20 is to be 7 p.c which is barely increased than 6.eight p.c final yr which isn’t a lot of an enchancment. Subsequently, financial circumstances would stay at greatest secure throughout this era because the economic system recovers from the monetary sector challenges and will get help from the agricultural economic system. Finance Minister Nirmala Sitharaman in Rajya Sabha on Thursday. (Pic courtesy: Rajya Sabha TV) Second, the federal government has performed effectively when it comes to fiscal deficit management at 5.eight p.c for FY19. Because of this the states had been in a position to rein of their fiscal deficit at 2.four p.c which is commendable as their balances gave the impression to be strained with the burden of Ujjwal DISCOM Assurance Yojana (UDAY) loans and in some instances loans waivers. Third, there’s some warning on future development in income as in FY20 on account of fiscal consolidation in FY19 when general expenditure was pruned by 0.four p.c of Gross Home Product (GDP) with 0.three p.c being in income account and 0.1 p.c in capital. If development had been to be average in FY20, then there can be restricted scope for buoyancy in tax income which is able to drive the edifice of the budgetary means to spend this yr. Fourth, the survey is particular in highlighting the non-banking finance firm (NBFC) disaster and the ache induced to the system not simply when it comes to the sector but additionally funding corporations as they’d stepped in when banks weren’t in a position to lend. Addressing their points can be necessary. The survey additionally highlights the foremost step taken by the federal government in non-performing asset (NPA) decision and the progress made has been recommended. Fifth, the survey fairly curiously factors out that the present account deficit (CAD) strain could be eased if consumption slows down and funding improves. This will have a contradictory impression on development as slowdown in consumption has been the principle purpose or development not selecting up. The CAD consumption relies on oil consumption which can be arduous to manage. Slowdown in non-oil imports can be reflective of low industrial exercise and therefore not supportive of development. Subsequently, there’s some ambiguity right here. Final, the survey does make a remark that 89 p.c of groundwater is used for irrigation and that paddy and sugarcane use 60 p.c of the entire. That is actually excessive and wishes to cut back which could be performed if farmers are weaned away from these crops to allied actions like dairy farming, fisheries and livestock. The primary quantity supplies the CEAs repair for the financial issues. Right here, the view taken is that as an alternative of addressing totally different points like trade, consumption, and productiveness and many others, the only level agenda ought to be funding as a result of it forges a virtuous circle hyperlink with different segments and may speed up development. Theoretically, that is sound and labored in East Asian economies however this has been a difficulty now we have been grappling with. In reality, one can say that the federal government and Reserve Financial institution of India (RBI) have been constantly working in the direction of decreasing charges and enabling the enterprise setting to spur funding however this has not occurred exactly as a result of consumption has not picked up. Right here, one could differ with the Survey. The survey additionally takes a view that the NPA subject is behind us and therefore banks can now lend. Nevertheless, this may take time as whereas NPA recognition is full, banks can be working in the direction of lowering the ratio from 9.three p.c to at the very least 5 p.c or so earlier than lending. Additional, a number of sectors in infra wouldn’t have too many gamers that may be in search of loans as there’s appreciable uncertainty within the fashions to be pursued. Energy, telecom, roads and aviation have their share of issues that need to be addressed first. Subsequently, funding could be one of many cylinders to be fired and never the one one. The survey commends numerous initiatives taken in the previous couple of years like higher supply of companies for the poor which has been a significant saver in expenditure and made cash work higher. The Direct Profit Switch (DBT) which is used for the Nationwide Rural Employment Assure Act (NREGA) and public distribution system (PDS) have been success tales. Second has been the progress in federalism, which was really imitated by taking out the Planning Fee and having the Finance Fee mandate the switch of sources to states. This has obviated the necessity to transfer across the pink tape and has empowered the states. These two achievements are vital as ours is a federal construction the place a number of implementation occurs on the state degree. There are suggestions made on minimal wage which is not going to be a simple proposition as corporations are already educated by labour legal guidelines when the enterprise cycle is down. Having an extra constraint of minimal wage can come of their recruitment operations. Therefore, whereas from the social perspective a minimal wage is smart, when it comes to implementation could also be arduous to realize particularly when labour is unskilled. In reality, the transfer to make cheque funds would additionally militate towards such operations. The Financial Survey is therefore overview of the state of the economic system and the problems which were/to be addressed. It might not be learn as a precursor to the Finances and doesn’t even discuss of what it ought to be as it will be the prerogative of the finance minister based mostly on how the priorities are positioned on 5 July. (The author is chief economist, CARE Rankings) Your information to the newest cricket World Cup tales, evaluation, studies, opinions, dwell updates and scores on https://www.firstpost.com/firstcricket/series/icc-cricket-world-cup-2019.html. 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