-The Economic Times KORAPUT/NEW DELHI: Villagers protesting against Hindalco's plan to mine bauxite at Mali Parbat in the Koraput district in Odisha have come up with a unique proposal that offers to compensate the state for its loss in revenue from royalty. Forty one villages from the district, two thirds of whose largely tribal population live below poverty line, have proposed to soon pass panchayat resolutions promising to pay Rs 35 crore,...
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Wages in India lagged behind overall GNP growth: Amartya Sen
-The Business Standard Nobel laureate says rural areas worst affected, with wages in Chinese villages having risen 6-7 times faster Nobel laureate Amartya Sen today said that wages in India had failed to keep pace with the overall GNP growth over the last decades. Sen pointed out, although India has seen a lot of economic growth over the past 20 years, wages, especially that of rural labour, have fallen behind. Comparing wage rise...
More »Dent in anti-poverty scheme due to NREGS: report
-The Hindu Hyderabad: An anti-poverty project to transform the lives of ultra poor families has failed to make an impact and increase the net income of the targeted families in Medak district in the State at the end of four years. The project sponsored by the World Bank and the Ford Foundation was aimed at graduating 426 households from extreme poverty to a more stable state by enabling them establish micro-enterprises through...
More »MNREGS killing entrepreneurial spirit of rural AP, says study
-The Times of India HYDERABAD: The UPA government's petprogramme - the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) - may have been started with the objective of securing the livelihood of the residents of rural India by providing assured employment for 100 days in a year, but has ended up choking the entrepreneurial spirit in the hinterlands ofAndhra Pradesh. These are the findings of a study conducted by a faculty of...
More »China pledges to narrow income gap
-Al Jazeera Widening wealth gap in Beijing has stoked concerns over its impact on political and social stability. The Chinese government has issued a pledge to narrow the widening income gap between rich and poor, which includes raising its minimum wage and requiring state companies to turn over more profits to pay for social programmes. The pledge on Tuesday promised more spending on health, education and job training but gave few details and...
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