-The Indian Express NREGA is a demand-driven programme and if the demand vanishes because wages are low and uncertain, nothing will be able to save it. The National Rural Employment Guarantee Act (NREGA) is going through a deep crisis of delayed and failed wage payments. The problem is not new, but it is more serious than ever and threatens to undermine the entire programme. The crisis has at least four manifestations: Delayed payments,...
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Retail inflation at five-month high of 5% in June despite easing food prices
-PTI The retail inflation based on Consumer Price Index (CPI) was 4.87 per cent in May. It was 1.46 per cent in June 2017. Retail inflation rose to 5 per cent in June, a five-month high despite easing food prices, Government data showed on Thursday. The retail inflation based on Consumer Price Index (CPI) was 4.87 per cent in May. It was 1.46 per cent in June 2017. The earlier high was in January...
More »Maharashtra: Milk farmers' unions demand direct subsidy -Parthasarathi Biswas
-The Indian Express Swabhimani Shetkari Sanghatana, a farmer’s body led by MP Raju Shetti, has said it will go ahead with the plan to stop milk supply to Mumbai and Pune from July 16. Pune: A day after the cabinet minister for dairy development, animal husbandry and fisheries, Mahadev Jankar, declared export subsidy for skimmed milk powder to improve the procurement price of milk, farmers’ unions have criticised the move. Swabhimani...
More »MSP -- Unfair to farmers in food bowl states -Manjit S Kang
-The Tribune The input costs of only chosen farmers are considered to decide the MSP. This is unfair to the farmers of the 'Granary of India' as their input costs are much higher than those of farmers from the rest of the country. In the Indian system, farmers are the only 'businessmen' who cannot set their own price for their products —foodgrains. Even a 'rehrhi-wala' sets his own price daily for whatever...
More »'Liberalisation' of qualifications -Jayanta Roy Chowdhury
-The Telegraph New Delhi: Controversy has again enveloped the bailiwick of the chief economic adviser to the finance ministry amid suggestions that the Narendra Modi Government has lowered the academic credentials and experience for the next incumbent who will replace Arvind Subramanian. Congress leader Ahmed Patel stirred the pot with a tweet: "Why has Government diluted the educational and professional requirements for the post of chief economic advisor? Economist positions, even in...
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