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Emerging Nations Tackle Food Costs by Eric Bellman and Alex Frangos

Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...

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CAG finds flaws in rural job scheme implementation

The Comptroller and Auditor General of India (CAG) has found several inadequacies in the implementation of the Swarnajayanthi Gram Swarozgar Yojana (self-employment scheme) by the State government, including inadequate coverage of the SC/ST and disabled beneficiaries and ineffective monitoring mechanism. The report of the CAG (Panchayat Raj institutions) - 2009, tabled in the Assembly on Tuesday, points out that non-utilisation of grants on time resulted in the loss of assistance to...

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NREGA schemes failed in Ramgarh district

NREGA commissioner Ajay kumar Singh on Wednesday said Ramgarh district was at the bottom among 24 districts of the state in terms of implementation of National Rural Employment Guarantee Act (NREGA). He was talking to newsmen after holding a review meeting of NREGA with the district administration. "I came here to find the reason why NREGA is a flop show in Ramgarh district," Singh added. NREGA commissioner said panchayat system in...

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Nabard launches Rs 25,019 cr credit plan for Orissa

In a bid to facilitate agriculture and rural development in the backward state, Nabard today launched a Rs 25,019 crore credit plan for Orissa during 2011-12. The credit plan was launched by state Finance Minister Prafulla Ghadai at the state level credit seminar here. While annual credit plan for the state during the current fiscal is Rs 16,915 crore, it was increased by 48 per cent for 2011-12. While agricultural...

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MGNREGA provided employment to nearly 4 crore people in 2010

Nearing the four crore mark in providing jobs under MGNREGA , re-launching the Provision of Urban Amenities in Rural Areas scheme and reinforcing social audit in programmes on complaints of irregularities were the foremost tasks of the rural development ministry in 2010. While 3.9 crore households were provided employment, the share of women beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Act went up to 51 per cent, with...

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