-PTI Batting for bringing flexibility in UPA's flagship NREGA, Union Minister Jairam Ramesh on Sunday said the scheme has failed to achieve the three objectives of wage employment, creating community assets and empowering gram panchayats at the same time in any state. Stating that all jobs cannot be provided in areas where the youths want them, he called for encouraging migration across all states and noted with concern the "discrimination" in housing...
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NREGA Not Meeting Its Objectives in States: Ramesh
-Outlook Batting for bringing flexibility in UPA's flagship NREGA, Union Minister Jairam Ramesh today said the scheme has failed to achieve the three objectives of wage employment, creating community assets and empowering gram panchayats at the same time in any state. Stating that all jobs cannot be provided in areas where the youths want them, he called for encouraging migration across all states and noted with concern the "discrimination" in housing suffered...
More »Inflation at 14-Month High, Food Prices Rise by 20%
-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
More »No rethink on subsidised LPG: Moily
-The Business Standard Oil minister says Parikh report sound but government has to take realities into account; to proceed with Direct Benefits Transfer in 291 districts from January despite SC order Union petroleum minister M Veerappa Moily said there'd be no raising of the present cap on the number of subsidised cooking gas (LPG) cylinders a household was entitled to in a year. In the wake of severe electoral reverses for the ruling...
More »Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana
-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The Retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
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