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Panel recommends fixing of MSP for forest produce

A high-level committee appointed to examine introduction of minimum support price (MSP) for non-timber forest produce has recommended that a central agency be constituted to fix MSP for the produce collected by tribals and the price be fixed keeping in mind wages paid under National Rural Employment Guarantee Act (NREGA), transportation cost, value addition to the produce and local market prices. The committee, which was appointed in August last year...

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UN agency on ‘red alert’ as soaring food prices threaten millions of world’s poorest

Record high food prices are putting added pressure on the United Nations agency that helps feed nearly 100 million of the world’s poorest people, with officials warning of a potential “perfect storm” combination of soaring costs, weather emergencies and political instability. “We are on red alert and we are continually assessing needs and reassessing plans and stand ready to assist,” UN World Food Programme (WFP) Executive Director Josette Sheeran told the...

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No RTI exemption on panel formation: CIC by Tanu Sharma

The government cannot seek exemption of its orders constituting a committee for a specific purpose under the Right to Information Act. The Central Information Commission (CIC) has said that decisions directing the setting of an expert committee cannot be treated on the same footing as that of “Cabinet papers”, which are exempt from disclosure under the Act. Allowing an appeal in a case where the applicant sought to know whether the...

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Noted jurists express dismay at Prime Minister’s NREGA statement

Say there is no way the workers can be paid less than the minimum wages Open Statement on Prime Minister’s Assertion that the NREGA Wage Rate is ‘Delinked’ from the Minimum Wages Act We the undersigned are shocked at the Prime Minister’s statement in a letter to the Chairperson of the National Advisory Council that ‘statutorily the wage rate under NREGA is delinked and independent of the provisions of the Minimum...

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No cap on MFI interest rates by Shishir Arya

Amidst hue and cry over micro-finance institutions (MFIs) charging the rural poor exorbitant interest rates, Reserve Bank of India norms continue to allow these entities a free hand in determining their charges. The banks lending to MFIs too continue to have full discretion in fixing theiR Rate of interest. RBI has issued a latest master circular reiterating its earlier stand on micro-credit on February 14. Master circulars are like ready-reckoners on...

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