A parliamentary committee has asked the government to consider incentivising private players to set up grain storage facilities as it prepares to implement the right to food. The government will require around 620 lakh tonnes of foodgrain annually to implement the food security law. The official procurement stood at 539.75 lakh tonnes in the recent marketing year. “(The) government should provide soft loans at affordable rates and subsidies to private players to...
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Govt Agrees NREGA Workers Get Wages @ 1948 Act
NREGA workers lifted their 47 days long Satyagrah/Dharna after the Center and Rajasthan State governments agreed to their demand wages on basis of Minimum Wages Act 1948. As per the press releas of SR Abhiyan, the struggling organization, on November 11, Mrs Gandhi wrote to the Prime Minister communicating the consensus reached in the NAC meeting on October 23, that workers should be paid minimum wages as notified under the...
More »MFIs want banks to create Rs 1,000-cr fund
Faced with a liquidity crunch, microfinance companies have asked RBI to direct banks to set up an emergency fund of Rs 1,000 crore to help them tide over slowdown in their business. Sources said the Microfinance Institution Network (MFIN) is trying to convince the central bank in this regard. The micro finance sector has been reeling under a liquidity crisis after the Andhra Pradesh government issued an ordinance to control interest...
More »Media can help protect rural job scheme by S Viswanathan
After 16 days of intensive Statewide campaigning and 47 days of dharna, thousands of workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in Rajasthan scored a significant victory. Led by the Suchana Evum Rozgar Ka Abhiyan, they entered into an agreement with the State government under which they would be entitled to the prevailing minimum wage for their day's work. Describing this outcome as “historic,” social activist...
More »BPL families in Karnataka get only 20-kg grain by Pratap Patnaik
The below poverty line (BPL) and Antodaya Anna Yojana (AAY) families in Karantaka get only 20 kg instead of the scheduled 35 kg of food grain every month due to paucity of supply by the Centre, the Supreme Court has been told. Out of about 5.28-crore population in Karnataka, 25 per cent, numbering 1.38 crore people averaging 37 per cent nationally, belong to below poverty line (BPL) and get benefits of...
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