-Press Information Bureau Preliminary Transcript of the Q&A portion of the Prime Minister's Press Conference at the National Media Centre, New Delhi Q: After the Assembly elections, much churning is going on in the UPA. Do you think the Congress should now announce its PM candidate? PM: The Congress President has already answered that question. We will announce our candidate for the Prime Ministership at the appropriate time. Q: On corruption issues which have...
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Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »NREGA needs flexibility, objectives not met in states: Ramesh
-PTI Batting for bringing flexibility in UPA's flagship NREGA, Union Minister Jairam Ramesh on Sunday said the scheme has failed to achieve the three objectives of wage employment, creating community assets and empowering gram panchayats at the same time in any state. Stating that all jobs cannot be provided in areas where the youths want them, he called for encouraging migration across all states and noted with concern the "discrimination" in housing...
More »Panel wants minimum wage linked to MGNREGA levels-Girija Shivakumar
-The Hindu States that increase minimum wage will have to bear extra cost from their own resources A committee set up by the Ministry of Rural Development to revise wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has offered suggestions that are likely to iron out long-standing issues relating to disparity in earnings under the scheme. Currently, MGNREGA wages are lower than the minimum wages in several States, including in...
More »New index could boost NREGA wages by 9.5% -Sreelatha Menon
-The Business Standard Currently wages are linked to CPI AL Mahendra Dev who heads the new committee set up by the Rural Development Ministry to determine a new index for NREGA wages said that his job is not to engineer an increase in wages to suit political interests. My job is to find a suitable index for NREGA wages based on which a new baseline wage can be fixed for 2014,...
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