Mahtab Alam examines the trouble with the steel project and suggests a way out THE PROPOSED mega Posco project and the anti-Posco movement are back in the news after the violence at the proposed site on 16 July. According to the reports I got, on that day, eight platoons of police attacked and lathicharged peaceful protesters in the village of Nuagaon, Jagatsinghpur district, Odisha. The protesters, despite being mostly women, were...
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Don't Curb NREGS ( Times Of India)
Though it remains susceptible to leakages and can do with greater oversight, the National Rural Employment Guarantee scheme (NREGS) appears to have boosted rural incomes by providing job seekers at least 100 days' guaranteed labour every financial year. That's why the Union rural development ministry's reported advisory to states to 'informally' suspend NREGS operations during peak farming season isn't a very good idea. For starters, the move would be legally...
More »Jairam to tour Naxal-hit areas-by Sreelatha Menon
New rural development minister Jairam Ramesh, who declared his intent to focus on Naxal-hit areas on the day he took charge, is set to visit these. Ramesh, who his ministry officials describe as a man in a hurry, is setting off to Raipur, Jagdalpur and a few more places in Chhattisgarh. The visit is likely this week, sources said. At the signing of a loan agreement today with the World Bank...
More »Poverty rate drops, rural wages up during six years of UPA rule by Devika Banerji & Rishi Shah
Finally, there's some good news for the United Progressive Alliance government. Consumption numbers for the past six years show that real incomes have grown much faster under the Congress-led coalition than during the National Democratic Alliance era. What's more, poverty is trending down and rural wages are growing smartly. The 2009-10 survey by the National Statistical Survey Organisation (NSSO) shows real spending by each person in rural India rose 6.3%...
More »Challenging the poverty dimension of inflation by Madan Sabnavis
A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
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