-The Times of India Union finance minister Pranab Mukherjee on Wednesday said he would explore the possibility of setting up a committee of CMs of the eastern states for a second green revolution in the region and praised Assam, Bihar, Jharkhand and West Bengal for substantial increase in rice production during the current fiscal. Replying to the debate on 2012-13 Union Budget in Rajya Sabha, Mukherjee said due to substantial increase in...
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Akhilesh Yadav becomes first UP CM to declare assets
-The Economic Times In a first for the state, newly elected Uttar Pradesh chief minister Akhilesh Yadav has publicly declared his assets worth 4.83 crore, setting the tone for his cabinet colleagues to come out and declare their net worth. Agency reports said that in the 2009 Lok Sabha elections when Akhilesh Yadav filed his nomination papers for Kannauj parliamentary seat, he had declared movable and immovable assets of more than 5.52...
More »The great Indian poverty game-Sonalde Desai
Nowhere are the argumentative Indians more visible than in the cacophony surrounding poverty estimates. Poverty is declining; inequality is increasing; no one can live on Rs 28 a day; nine per cent of Indians are poor; 70 per cent of Indians are poor. Poverty is too important to be used as ping-pong between optimists and pessimists on the Indian economy. I am deeply disillusioned to discover that there are no certainties...
More »‘Food Security Bill should have universal appeal'
-PTI Eminent economist Madhura Swaminathan on Tuesday said the UPA government's flagship Food Security Bill should have a universal appeal as any targeted selection would lead to complications in picking the beneficiaries in a big country like India. The Indian Statistical Institute Professor, whose research falls in the area of food security, Agriculture and rural development, said: “the draft Bill, as envisaged currently, will exclude a huge segment of the population.” “Experience shows...
More »Come April, rural job scheme workers to get more wages
-The Hindu Business Line MNREGA Act may be amended to end present disparity From April 1, wage rates under the UPA's flagship MGNREGA will be revised upwards across the country. The wages are now linked to the Consumer Price Index for Agricultural Labour (CPI-AL). A notification to this effect is being issued for the period April 1 to March 31, 2013, the Rural Development Minister, Mr Jairam Ramesh, informed the Lok Sabha on...
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