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Formula to cut inflation by Sreelatha Menon

When activists of the Right to Food campaign attacked Planning Commission Deputy Chairman Montek Singh Ahluwalia over the Rs 32 per capita per day cut-off for poverty line, Vijay Jawandhia — a farm activist from Vidarbha — asked a counter question: “Why are you happy with a minimum wage of Rs 100 per labourer per day under the National Rural Employment Guarantee Act (NREGA), when salaries have been revised several...

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Labour shortage, wage hike hits Indian industry hard: Ficci

-The Economic Times   Government's flagship rural job guarantee scheme, MGNREGA, has led to labour shortages for the industry resulting in increased wage costs and hampering production, Ficci said today. The chamber, which has done a survey on the impact of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on the industry and the farm sector, has suggested that the scheme should be stopped during the peak agricultural season. Besides, "the...

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Land for landed by NC Saxena

The 12th Plan Approach Paper looks upon land more as raw material for mining and industrialisation than as a source of livelihood for the poor. DESPITE a fast economic growth, more than 60 per cent of the population of India is still dependent on land. The 12th Plan Approach Paper, however, looks upon land not as a source of livelihood for the poor but as raw material for mining and industrialisation....

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Changing priorities by CP Chandrasekhar

In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...

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Things, not people by Prabhat Patnaik

The basic problem with the Approach Paper, as with its predecessor, is that its theoretical paradigm is wrong. WHAT used to be said of the Bourbon kings of France applies equally to the Indian Planning Commission: “They learn nothing and they forget nothing.” The Approach Paper to the Twelfth Five-Year Plan gives one a sense of déjà vu. It is hardly any different from the Approach Paper to the previous Plan...

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