-The Hindu Auditor’s report says indiscriminate discharge of water from Chembarambakkam lake burdened the Adyar river Chennai: The Comptroller and Auditor General of India (CAG) has been scathing in its criticism of the government’s handling of the Chennai floods of 2015, going so far as to categorise it as a “man- made disaster”. It has held the government of Tamil Nadu responsible for the scale of the catastrophe, which the latter had...
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The food economy: A Catch-22 for policymakers
-Livemint.com The best way to double the real incomes of Indian farmers would be to halve their numbers through job creation in other parts of the economy The Narendra Modi government last week announced sharp increases in minimum support prices (MSPs) for a variety of farm products. The move itself is not unexpected. The first sign that the Modi government would shift away from its earlier strategy of minimal hikes to douse...
More »EPFO data government cited to show job surge is now down -Aanchal Magazine
-The Indian Express EPFO manages social security funds of workers in the organised/semi-organised sector in the country. EPF is applicable to establishments with more than 20 workers. New Delhi: The Employees’ Provident Fund Organisation’s (EPFO’s) enrolment numbers, which formed the basis for an ‘independent’ study released earlier this year that the government cited as an indicator of buoyancy in formal job creation in the economy, has now been sharply whittled down for...
More »'Wrong Cost Calculation': Modi Govt's Big Move to Woo Farmers Gets a Thumbs Down -Rounak Kumar Gunjan
-News18.com CCEA in its meeting on Wednesday approved an increase in MSP for summer crops, especially paddy and dal, as a move to fulfil its Budget promise and address farmers' concerns about the cost of crops. New Delhi: The Cabinet’s decision to increase minimum support price (MSP) for Kharif crops, intended to appease farmers, does not seem to have struck the right chord. CCEA in its meeting on Wednesday approved an increase...
More »Minimum support price for paddy hiked by Rs. 200 a quintal -Vikas Vasudeva & Priscilla Jebaraj
-The Hindu The Union government looks to fulfil its poll promise of giving farmers 50 per cent more rate than their cost of production. In keeping with the promise made in this year’s Budget speech, the Union Cabinet has approved a hike in minimum support prices (MSPs) for kharif crops so that they are 50% higher than the cost of production, not including land costs. This includes a ?200 per quintal increase in...
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