MGNREGA is certainly a good idea. But it can’t be allowed to play havoc with farming operations by weaning away labourers during peak season RURAL DEVELOPMENT Minister Jairam Ramesh recently rubbished the need for freezing the flagship rural job scheme MGNREGA during peak agricultural season. Dismissing the possibility, Ramesh had said: “The matter has been examined by the Mihir Shah Committee and rejected.” Knowing that Mihir Shah’s entry into Planning Commission...
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Bengal Economic Review contradicts Govt. claims-Indrani Dutta
The State government of the day spares no occasion to make a mention of the “shambles” the 34 years of Left rule has left West Bengal in. The Economic Review presented in the State Legislative Assembly, however, tells a different story. It highlights several areas where the State's performance has been “impressive over the last few years”. Mention is made of progress in agriculture, industry, rural development, industrial relations and rising...
More »Protests mark 10th anniversary of Bt cotton-Gargi Parsai
Protests marked the 10th anniversary of the introduction of genetically modified (GM) Bt cotton in the country. Angry farmers urged parliamentarians to hold a special session to discuss the issue and ban the technology. Charging a few seed companies, particularly Monsanto, with monopolising the seed industry and setting the agenda for the government, social activists urged policy-makers and farmers to reject the hype around Bt cotton and demanded a comprehensive review....
More »UP & Punjab farmers protest as private dairies cut purchase price-Madhvi Sally
Dairy farmers and contractors in western Uttar Pradesh and Punjab are on a warpath after private milk companies reduced procurement prices to take advantage of a bumper milk production. Farmers allege that companies are profiteering because they have not simultaneously reduced consumer prices. But companies say they have huge stocks of unsold milk and milk powder and a cut in procurement prices is to bring pressure on government to allow exports. Cooperatives...
More »Cut in NREGA allocation may hit FMCG firms-Meghna Maiti
The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...
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