-PTI MUMBAI: Prices of pulses are expected to remain low in the next few months following good monsoons, high acreage, lower hikes in minimum support price and moderate demand, according to a report by rating agency Crisil. "Pulses inflation is likely to stay low over the next few months thanks to good monsoons, higher acreage, lower hikes in minimum support prices and moderate demand," the CrisilBSE -0.74 % report said. Food Inflation in...
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Panel wants minimum wage linked to MGNREGA levels-Girija Shivakumar
-The Hindu States that increase minimum wage will have to bear extra cost from their own resources A committee set up by the Ministry of Rural Development to revise wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has offered suggestions that are likely to iron out long-standing issues relating to disparity in earnings under the scheme. Currently, MGNREGA wages are lower than the minimum wages in several States, including in...
More »India should stand its ground at Bali -Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
-Live Mint Our food procurement policies may be lopsided but there is no link between the food security law and free trade The upcoming World Trade Organization (WTO) summit in Bali has attracted considerable attention in India because of its repercussions on our food policy. It is feared that the recently passed food security law will breach the negotiated limits on the aggregate measure of support (AMS) to farmers. AMS is...
More »Why NREGA wage hike is bad news for the economy-Shishir Asthana
-The Business Standard Politics of populism will impact the government's fightback against inflation Mumbai: With the benefits of Food Security Bill failing to kick in, government is back to playing the card which many claim helped it win the previous election. It is looking to make a substantial hike in wages under the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA), according to a latest report by Economic times. A panel...
More »New index could boost NREGA wages by 9.5% -Sreelatha Menon
-The Business Standard Currently wages are linked to CPI AL Mahendra Dev who heads the new committee set up by the Rural Development Ministry to determine a new index for NREGA wages said that his job is not to engineer an increase in wages to suit political interests. My job is to find a suitable index for NREGA wages based on which a new baseline wage can be fixed for 2014,...
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