-Down to Earth About nine million women went out of the job market in the rural areas between 2009-10 and 2011-12, a grim facet of the employment crisis in the countryside The dismal trend in India's jobless growth story was reinforced when the National Sample Survey Office (NSSO) of the ministry of statistics and programme implementation released the highlights of its 68th round of its surveys, conducted from July 2011 to June...
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Working class of India, untie from nanny state
-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...
More »How to reduce our rotting mountains of grain
-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...
More »Food Bill in a political quagmire-Gargi Parsai
-The Hindu The promise of near-universal coverage is now nowhere in sight. And the UPA's seemingly fretful efforts to get the measure through do not appear to be convincing The nation is watching with trepidation the play of politics over the National Food Security Bill, which envisages food security for 67 per cent of the population by providing 5 kg of rice, wheat or coarse cereals per person per month at subsidised...
More »Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal
-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
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