The government may soon have to shell out an Unemployment Allowance if it fails to provide jobs to wage seekers under the flagship Mahatma Gandhi National rural Employment Guarantee Act (MGNREGA). “The MGNREGA software will automatically generate the pay order for payment of unemployment allowance to the wage seekers, whose demand for work is not met within 15 days,” said a report of a high-level committee chaired by Plan panel member...

-The Times of India   Can Jairam Ramesh become the next president of the World Bank? Unlikely, but in the steady drumbeat of the demand that the next World Bank president must come from the developing world, the rural development minister’s name is being heard alongside several other competent names from the wrong side of the poverty divide.    An independent website, worldbankpresident.org, which is running a poll on who should be the next...

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...

India is lagging in its effort to reach United Nations goals to reduce poverty and improve health and sanitation, but has shown significant progress boosting education, treating AIDS and addressing environmental concerns, a U.N. official said. “We are in a race against time with just three years left” to achieve Millennium Development Goals, Noeleen Heyzer, executive secretary of the U.N. Economic and Social Commission for Asia and the Pacific, said last...