The United Nations Conference on Trade and Development (UNCTAD) today cautioned on rampant speculations in the global commodity markets which is fuelling unprecedented price hikes around the world, with worst effects on poor countries such as India. "Financial speculation in global commodities trade is a source for concern as it contributed to steep price hikes," UNCTAD's Secretary General Supachai Panitchpakdi said on the sidelines of a special meeting convened by UNCTAD...
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HC bench ruling on gram rozgar sewaks to benefit rural youth
A division bench of the Allahabad High Court has held that the government order issued on August 25 for holding a fresh selection for the appointment of `gram rozgar sewak' (village employment worker) after every three years, is constitutional and within the legislative competence of the state government. Through the order, the court has set aside the single judge order in a special appeal filed by the state government through...
More »Rural jobs scheme a unifying factor too by K Balchand
It has served as a tool to ease tension in Kandhamal and ethnic conflict among Manipur's tribal groups Officials rewarded for ingenuity at function celebrating completion of five years of MGNREGS Eight District Magistrates from across India rewarded for efforts in their respective districts Pepping up the rural economy, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is also a magic wand for reducing tensions and forging social unity and bonding family...
More »Kind to cash by Richard Mahapatra
The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...
More »Prime Minister and Sonia promise more MGNREGA reforms by K Balchand
Prime Minister Manmohan Singh and United Progressive Alliance chairperson Sonia Gandhi on Wednesday promised to usher in more reforms in the scheme under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and increase the number of days of job guaranteed to Below the Poverty Line households. Speaking at a function here to mark the completion of the fifth year of the MGNREGA, Dr. Singh promised to reform the delivery mechanism...
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