-The Telegraph New Delhi: The yearly wage revision for the rural job guarantee scheme has for the first time missed its April 1 deadline, with the government having sat for nine months on expert advice for a sizeable hike. Sources said the rural development ministry would next week notify an interim wage increase, based on the existing formula for yearly revisions, while the finance ministry weighs the expert panel's July recommendations. There are...
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Failing the farmer -CP Chandrasekhar
-Frontline Outcomes of the patterns of growth induced by neoliberal economic reforms have increased the disproportionality between agricultural and non-agricultural growth, and with costs rising and prices not keeping pace, agriculture is becoming increasingly unviable. FARMERS across northern and central India-in Maharashtra, Madhya Pradesh, Rajasthan, Haryana and elsewhere-are distressed. Unseasonal rains have damaged their standing crop and help from the government has been meagre and slow in coming. This, however, is...
More »Budget in search of hope -Ashok Sekhar Ganguly
-The Telegraph The 2015-16 budget was presented to the Lok Sabha by the finance minister on February 28, 2015. The first half of the 2015 budget session of both Houses of Parliament has just ended. The highlight was the passing of a number of bills and the budget debate. The debate on the budget in the Rajya Sabha was a long one, lasting over 10 hours. Several speakers participated, drawn from...
More »Public funds to push neoliberal agenda -CP Chandrasekhar
-Frontline.in The Modi government has apparently realised that the private sector is not up to the task of driving growth. It hopes to fund its neoliberal dream of India becoming the fastest-growing emerging market through a combination of off-Budget borrowing and drastic expenditure reduction in key social sectors. IT will soon be a year since the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi took office at the Centre....
More »Climate change costs
-Business Standard Unpredictable weather may impact 30 per cent of the harvest India has been hit by unusual weather. Much of the country has endured unseasonal rain, even hailstorms. In the process, nearly 30 per cent of the rabi planting seems to have been spoiled, with adverse implications for food availability and inflation, as well as farmer distress. The first half of March has been unusually cool, besides being the wettest for...
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