When Manmohan Singh wrote to the Sonia Gandhi-LED NAC on December 31, rejecting its recommendations to increase minimum wages paid under the NREGS, he had referred to a “consensual view” that emerged from ministries involved. Gandhi had written to the PM in November that workers under NREGS were being paid less than the minimum wage in some states. “This is a totally unacceptable situation and needs to be corrected at...
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Price rise: Chidambaram questions Pawar on sugar exports by Surojit Gupta
Differences within the ruling government alliance over food management came to the fore on Tuesday with home minister P Chidambaram questioning agriculture minister Sharad Pawar's pitch for resuming export of sugar. A meeting convened by Prime Minister Manmohan Singh to discuss measures to calm soaring food prices saw sugar become a key focus area with Pawar plumping for freeing its export, citing an expected bumper crop this year. As soon...
More »Food Security Bill to be out by mid-Jan
Sonia Gandhi-LED National Advisory Council (NAC) has reached a consensus on the final framework of the draft Food Security Bill that aimed to make legal entitlement of foodgrains to the poor. "We have reached a consensus on the final framework of the Food Security Bill," an NAC member said on condition of anonymity. The draft Bill is expected to be made public within 10 days. The NAC discussed its earlier recommendation of...
More »A Fable For The Cola-Wallahs by Saba Naqvi and Debarshi Dasgupta
In post-globalisation India, middle-class heroes are usually entrepreneurs who make a fast buck, stars that glitter brightly and talk glibly, cricketers who hit the ball hard. In an aspirational world of consumer goods, fine dining and malls, values such as service, integrity, simplicity are becoming rare. Perhaps that is why the story of Binayak Sen, the skilLED doctor who turned his back on material success to work among the poor...
More »Microlenders, Honored With Nobel, Are Struggling by Vikas Bajaj
Microcredit is losing its halo in many developing countries. Microcredit was once extolLED by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...
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