-Herald PANJIM: The major issues faced by farming community due to run offs from the mining rejects are likely to be taken care of in the State Mining Policy, which will take shape by May end. Highly-placed sources stated that the State government is yet to take a call on whether to go ahead with the draft mining policy formed in 2008 or draft a new policy. The newly-inducted state government has...
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The right to work-Ruhi Tewari
Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time. In one...
More »Banks asked to roll out new farm loan products-Dinesh Unnikrishnan
The finance ministry has asked public sector banks to devise products for Indian farmers to ensure they get adequate funding in emergencies. The government, the majority owner of such banks, wants them to roll out products such as emergency loans to farmers that will be linked to savings accounts, a weather index-based insurance product, and set up a credit guarantee fund that will aid farmers in the event of crop losses...
More »Foodgrain-for-work
-The Business Standard Now MGNREGA may bear the burden of PDS' failure This newspaper reported on Tuesday that the rural development ministry approached the food ministry suggesting that work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) be paid for using foodgrain. The impetus for the rural development ministry’s action is perhaps understandable. The Act provides for the possibility of a fraction of wages being paid in kind; the allocation...
More »Land baby steps with elbow room
-The Telegraph The Mamata Banerjee government today took “baby steps” in easing its seemingly inflexible stand on land. It has allowed more industries to hold land in excess of the ceiling with prior approval. Also, in the clause that allows government-owned companies to lease out land for townships, prior approval is not mentioned. The amendments to the land and land reforms act do not hold any big surprises but by passing them today,...
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