The Government has revised the wages for unskilled manual workers under the national rural employment guarantee scheme by indexing it to inflation, Rural Development Minister Vilasrao Deshmukh said today. He told the Rajya Sabha during Question Hour that the original National Rural Employment Guarantee Act provides for wages to be indexed to the Consumer Price Index for agricultural labour. Against the Rs 100 per day wages originally approved, actual wages given are...

In an address to the Berlin Agriculture Ministers meeting last month, World Trade Organisation (WTO) Director General Pascal Lamy said export restrictions are a prime cause of recent surges in global food prices, and countries should find other ways of securing domestic supplies (“WTO chief: Alternatives to food export curbs needed”, Business Standard, January 23). Though export restrictions are an important contributor to rising food prices, they are by no...

Non availability of timely credit has been a major drawback for the agricultural sector of India. In a country which relies mostly on agriculture, constant endeavors are needed to see that rural and agricultural credit facilities are enhanced with time. As a part of these efforts, agricultural credit cards got introduced in the agricultural lending system. Similarly cash credit facility was also being offered by many banks. However, a major shortfall...

Hundreds of infants in Kenya received their first shots against pneumococcal disease today at a special United Nations-backed event to celebrate the global roll-out of vaccines targeting the world’s leading cause of child deaths – pneumonia. President Mwai Kibaki joined parents, health workers, ambassadors and donors in Nairobi to witness children being immunised as part of the Government’s formal introduction of pneumococcal vaccine in its routine immunisation programme for all children. Kenya...

We’re in the midst of a global food crisis — the second in three years. World food prices hit a record in January, driven by huge increases in the prices of wheat, corn, sugar and oils. These soaring prices have had only a modest effect on U.S. inflation, which is still low by historical standards, but they’re having a brutal impact on the world’s poor, who spend much if not...