The Rajasthan government today said it would index the payment for work under the National Rural Employment Guarantee Act to the rate of inflation. This would be the first such move by any state since the Centre froze minimum wages for the scheme two years before, at Rs 100 a day. This is one of the conditions the government agreed to while arriving at a settlement with the Mazdoor Kisan Shakti...
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Agriculture machinery makers bullish on Indian market by Arun Iyer, Madhvi Sally & S Sujatha
A growing shortage of farm hands and smaller land holdings are forcing many farmers to mechanise their farms, allowing multinational agri implement companies to tap into Indian market. A 2006 study by consulting firm Zinnov said that the agri equipment market in India would grow at a compounded rate of 5% between 2006 and 2010 to touch $8 billion. Today, a large number of Chinese, Japanese, American and Italian firms has...
More »Obama Visit and Indian Agriculture: Profit Surge for American MNCs and Peril for Indian Farmers! by Vijoo Krishnan
A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...
More »States unable to lift extra grain under PDS by Komal Amit Gera
The food distribution agencies of states across India have failed to lift the desired quantities of foodgrains under the additional allocation made recently for the Public Distribution System, says the Food Corporation of India (FCI), the Central Government’s procurement and storage agency. FCI sought instructions from the Centre in September to offload an additional 2.5 million tonnes for the PDS as a consequence of the reports about poor storage and rotting...
More »Majority of Indians back state schemes for poor
Now, India is saying what the government already knew. Two-thirds of India (66%) feel government programmes like the Mahatma Gandhi National Rural Employment Guarantee Act, Bharat Nirman and Rural Health Mission are the best way to ensure that the benefits of India’s steroid-charged growth rates reach those who have been left out of the "India Shining" story. A Hindustan Times-CNN IBN survey conducted by research organisation C fore of 1,621 adults...
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