-The Telegraph Labour payments under NREGA will continue to be less than minimum wages for agricultural labourers in four states, including Bengal, despite a recent rate revision in the rural job scheme. Rural development minister Jairam Ramesh today tabled a statement in the Rajya Sabha on the revised wages that will take effect from next month. Under the new NREGA rates, labourers in all states stand to gain, except those in Kerala, Bengal,...
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Rural prosperity no mirage; real rural wages have grown 6.8% each year in last 4 years-A Gulati and AK Jena
-The Economic Times Every concerned and right-thinking citizen of this country wants poverty to be reduced as early as possible. Governments and policymakers have given assurances, time and again, that they are making their earnest efforts in that direction. Yet, there is a big debate in the country, ranging from the very definition of poverty to the number of people below the poverty line. Some academic stalwarts have devoted almost their whole...
More »Retail inflation inches up to 10.36% in May
-PTI Retail inflation moved up marginally to 10.36 per cent in May on account of increase in prices of vegetables, edible oils and milk. Based on the Consumer Price Index (CPI), the inflation for April was revised to 10.26 per cent from the provisional estimate of 10.32 per cent, according to the government data release here on Monday. Vegetable prices recorded the maximum spurt in prices, up 26.59 per cent, followed by edible...
More »Vegetable prices push retail inflation to double digit
-PTI Retail inflation shot up to the double digit mark at 10.32 per cent in April on account of substantial increase in vegetable, edible oils and milk prices. Based on the Consumer Price Index (CPI), the inflation for March was revised to 9.38 per cent from the provisional estimate of 9.47 per cent, as per the government data release here on Friday. Vegetable prices recorded the maximum of 24.55 per cent, followed by...
More »Govt trying to settle NREGA wage issue-Devika Banerji
The Centre is keen to resolve differences with rights activists over the remuneration under its flagship rural job guarantee scheme, which can potentially save it from paying 7,000 crore in arrears to states that have higher minimum wages. Wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have risen for all states after the government made adjustments for price rise last month. But despite the revision, the payout is...
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