-The Hindu Business Line It has worked as a rural safety net. But the Centre has other budgetary priorities A decade after the Mahatma Gandhi National Rural Employment Guarantee Scheme came into force, the NDA government has come around to accepting its usefulness — and that, in a difficult agriculture year. Last February, the Prime Minister disparaged the programme for merely digging pits. But only a few days ago, the finance minister...

-The Telegraph Patna: The warm winter that took Bihar by surprise could hit the rabi crop hard with experts estimating an over 13 per cent drop in agriculture production during the season. The fall in production, the experts fear, could lead to distress among farmers and also contribute to inflation in food grain, pulses and oilseeds. "We are estimating production of around 52 lakh tonnes of wheat this rabi season in the state....

-Business Standard Four of the 6 large states have seen uptick in rural wages, following equally sharp increase in coverage of the rural employment guarantee scheme After months of stagnation, rural wages have started inching up, albeit marginally. Coinciding with a renewed push to the rural employment guarantee scheme in the second half of 2015, rural wages have shown a marginal uptick since August. It remained nearly flat from December 2014 to...

-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...