-The Hindustan Times Nearly one in three Indians was poor in 2011-12, according to a new report that was commissioned following widespread criticism two years ago that the government grossly underestimated the number of poor in the country by choosing an unrealistic poverty line for such estimates. The panel, headed by former RBI governor C Rangarajan who also was the chairman of the prime minister's economic advisory council in the UPA government,...
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Fighting food inflation
-The Hindu The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...
More »Gulbarga farmers’ hopes rest on red gram -TV Sivanandan
-The Hindu They lost chance to cultivate short-duration cash crops due to delayed monsoon Gulbarga (Karnataka): The hopes of Gulbarga farmers, who have lost the chance to cultivate short-duration cash crops such as green gram, black gram and sesamum owing to the inordinate delay in the onset of monsoon, now rest on red gram, the mainstay of growers in the district. Farmers have been deprived of the opportunity to cultivate black gram on...
More »Rural job scheme not creating labour shortage in agriculture: Govt -AM Jigeesh
-The Hindu Business Line Using Census and other data, the Union Rural Development Ministry is defending itself against complaints that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has led to labour shortage, affecting agriculture. The data available with the Ministry say that during the peak agriculture season, just 2.57 per cent of the total agricultural labourers were involved in MGNREGS activities. The data says that between August and September of...
More »Rural job scheme caused price rise: Govt -Shishir Sinha
-The Hindu Business Line Facing criticism for rising prices, the Modi Government has blamed public expenditure on schemes such as MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) for fuelling food inflation. Curiously, the BJP wants the job scheme to continue, with the focus mainly on agriculture. According to the agenda note circulated for Friday's Conference of State Food Ministers with the Centre, food inflation is caused by both demand and supply...
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