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Gehlot writes to Manmohan for higher wages under rural jobs scheme

Rajasthan wiling to pay enhanced wages to workers ‘Demand justified as CPI has risen to 924 points' Rajasthan Chief Minister Ashok Gehlot has accepted in principle the demand for enhancement of the wages of workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme as per the recently revised minimum wage rates in the State. However, the catch is that the Centre holds the key to any hike in the job scheme...

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New CPI to be based on state stats by Rishi Shah

The new consumer price indices set to debut in January will be compilations of indices for states that reflect the price trends prevailing in the country accurately, helping policy formulation and targeted intervention. Each state will have two consumer price indices, one for rural and another for urban areas. These CPI rural and urban will be added up to arrive at urban and rural retail indices at the national level. These...

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Why Posco is in trouble in India

Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...

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NREGA, more or less by Sreelatha Menon

A working group on NREGA asks for indexing wages to the farm wage index, besides reducing work hours. Justice often comes with a price. If workers of the country's only largescale wage employment programme are to be ensured a decent minimum wage for 100 days every year, it is sure to make many others wince. For, low wages mean more production, cheaper stuff, and so on. The supporters of low wages also...

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Peasants in India by D Bandyopadhyay

In India peasantry is under assault. There is a five-pronged attack on this class and the mighty Indian state is sometimes an active and sometimes a passive abettor. The first point of attack is from the corporate sector. The corporate sector is in a land grab mode. Though not justified, one could understand their urge to get land for industry and real estate purposes. Not that they are causing aggressive...

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