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Global food prices drop to 11-month low in October, UN agency reports

-The United Nations   Food prices dropped to an 11-month low in October, the United Nations Food and Agriculture Organization (FAO) said today, while adding that they are still higher than last year and very volatile.   FAO’s Food Price Index averaged 216 points last month, down 4 per cent from September, the agency said in a news release. The index is a measure of basic food prices at the global level. “The drop was...

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India 'most improved' in bribery index by Stephen Brown

-Reuters   Chinese and Russian firms are the most likely to pay bribes while operating abroad, and the most corrupt sectors are public works contracts and construction, according to Transparency International's latest "Bribe Payers' index". China and Russia rank bottom, in 27th and 28th place respectively, in the 2011 index released on Wednesday, while the Dutch, Swiss, Belgians, Germans and Japanese get the top scores. Britain and the United States rank eighth and...

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Docile populace might makes for low-grade welfare

-The Economic Times   Maruti's decision to locate expanded production in Gujarat, following strikes at its plants in Haryana, is being widely interpreted as an instance of virtuous policy being rewarded and worker militancy as well as official failure to check it being penalised. Gujarat's industrial peace is the virtue, and its reward is flow of investment to the 'peaceful' state. However, the posited linear relationship between workforce docility and popular welfare...

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How dalits have actually fared in Uttar Pradesh by Ashish Tripathi

-The Economic Times   A giant statue in a Lucknow square made 12-year-old Rashi curious. Whose statue is this, she asked her father. Although a BSP worker, Jhanki Ram couldn't go beyond the name, Jyotiba Phule. But not wanting to show his ignorance, he added, "He was a Mahatma who did a lot for the dalit community". Both had come from Etawah to take part in Kanshiram Parinirvan functions this month. For...

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NREGA has not led to labour shortage in agriculture, construction: Jairam Ramesh

-PTI   Union Minister for Rural Development Jairam Ramesh today refuted the charge that National Rural Employment Guarantee Act (NREGA) had caused labour shortage in sectors like agriculture and construction. Ramesh said that there was a deliberate attempt to spread propaganda discrediting NREGA. "The scheme has increased agricultural wages, reduced distressed migration in some parts of the country and created community assets particularly water conservation structures. Of course, there is room for improvement," the...

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