The Planning Commission, headed by the prime minister, has filed an affidavit in the Supreme Court quantifying the daily poverty line for an adult as Rs 26 in rural, and Rs 32 in urban India. At today’s relentlessly increasing prices, Rs 26 will not get a manual worker even one nutritious meal a day — leave alone the 2,400 calories he is required to eat to enable him to work,...

The Nuclear Safety Regulatory Authority Bill is a first step towards granting functional autonomy to the country's nuclear regulator. THE true independence and functional autonomy of the existing Atomic Energy Regulatory Board (AERB) has been questioned for long. The issue gained further importance in recent months after it was raised in many quarters in the wake of the Fukushima nuclear disaster in March in Japan. To allay public fears as...

“MGNREGS should move from relief work mode to one that blends natural resources and labour” to build productive assets The Sonia Gandhi-led National Advisory Council (NAC), which went into hibernation in the United Progressive Alliance (UPA) chairperson's absence, has been reactivated. On September 14, it despatched its recommendations on strengthening the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to the government; it wants the scheme to move from its “relief work...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

PMO suggests adopting cluster approach to boost food output; FCI asked to enhance storage capacity With the National Food Security Bill set to be introduced in Parliament, the Congress party-led United Progressive Alliance (UPA) government has taken initiatives to boost the farm sector, including steps to increase the production of pulses and oilseeds. The Prime Minister’s Office (PMO), after a meeting on Tuesday to review the agriculture sector, has asked the agriculture...