-The Indian Express Rural wages in India have registered an average annual growth of 3.8 per cent in November, the lowest since July 2005, according to Labour Bureau data. The 3.8 per cent year-on-year increase is a significant drop relative to the two-digit growth rates prevailing until June, and the peak 20 per cent-plus levels of 2011 (see graph). "The numbers confirm the findings in our mid-year economic analysis that inflation is...
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NGOs under fire over 'hidden' $3.2bn: Supreme Court blasts social groups as just 10 per cent file financial records -Harish V Nair
-DailyMail.co.uk Your friendly neighbourhood NGO worker may have been crying themselves hoarse for years over social ills, but there is a high chance that the organisation he or she represents lacks financial transparency. Nearly 25 lakh NGOs across the country, most of whom receive funds worth crores of rupees from the government and abroad, came under the Supreme Court's scrutiny on Monday after the CBI submitted that only 10 per cent of...
More »Arvind Panagariya at Niti Aayog reveals Modi govt's disdain for public sector -G Pramod Kumar
-FirstPost.com Arvind Panagariya. The man is the message. When the 65 year old planning commission makes way for a putatively leaner NITI Aayog, the expectation is that it will change the era of centralised and top-down planning to a decentralised and participatory process. As expected, apart from the Congress ruled states, the move didn't face any noteworthy resistance. The Tamil Nadu government appeared to even rejoice its demise. However, what even the critics...
More »We are sucking up groundwater fast -Hamza Khan
-The Indian Express Lucknow: Indiscriminate extraction of groundwater is continuing unabated in Uttar Pradesh with the number of blocks over-exploiting the natural resource registering three-fold hike in seven years. Number of such blocks is now pegged at 111, as per the latest data compiled by the Uttar Pradesh Ground Water Department for 2011. The groundwater data is compiled by the department every two years and analysed, before being released. As per...
More »MMDR Act set for a revamp, government may issue an ordinance to allocate minerals through auctions -Meera Mohanty
-The Economic Times BHUBANESWAR: The Cabinet will soon consider amendments to the mining and minerals development and regulation (MMDR) Act, which will extend the reforms under way in the coal sector to minerals such as iron ore and bauxite, according to industry sources familiar with proposed changes in the 57-yearold law. The changes in the MMDR Act, which would stipulate that minerals other than coal, henceforth will also be allocated though...
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