-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...

Union Minister of State for Food K.V. Thomas on Saturday met Congress president and National Advisory Council (NAC) Chairperson Sonia Gandhi and apprised her of the progress made in the proposed National Food Security Bill. This was the first meeting Mr. Thomas had with Ms. Gandhi since her return after a surgery abroad. “The Minister briefed her about the progress made in the proposed Bill, which has been posted on the Ministry's...

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...

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...

After firefighting the controversy over poverty line cut-off, the Congress-led UPA government may find itself in trouble on the matter of NREGS wages. In a judgment late last month, the Karnataka High Court ruled that wages under the UPA’s flagship rural job guarantee scheme “shall not be” less than the minimum wages fixed by state governments under the Minimum Wages (MW) Act. The decision will re-open the tussle between Sonia Gandhi-led National...