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Farmers earn lesser than industrial, services sector workers: Agriculture minister

-PTI Radha Mohan Singh total number of agricultural workers in the country increased from 234.1 million in 2001 to 263 million in 2011. Therefore, it cannot be categorically stated that farmers are leaving the profession of agriculture. Farmers are earning less than workers in industrial and services sectors because of lower farm output, Parliament was informed Tuesday. "Income from the farm sector is less as compared to income from industrial and services sector,"...

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‘Food security act not available for vulnerable tribal groups’

-IANS New Delhi: The government's "inability" to implement the Food Security Act among the 'Particularly Vulnerable Tribal Groups' in India has resulted in a drop in their population, National Commission for Scheduled Tribes (NCST) head Rameshwar Oraon has said. The former union minister of state for tribal affairs, who took over as chairperson of NCST in 2013, has also questioned the existence of many such PVGT communities if the government does not...

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Punjab's mounting farmer crisis

-Business Standard Green revolution pioneer now marked by rising rural despair, with high costs and Low Incomes pushing a mass of small cultivators into a debt trap Chandigarh: Fifty eight and counting…the number of farmers' suicides in Punjab in the past three months due to agrarian distress is alarming. Maharashtra, Punjab and Telangana top this grim list, the Union government informed Parliament last week. Rainfed states are in a crisis due to two...

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IMF warns of growing inequality in India and China -Remya Nair

-Livemint.com IMF points to problem with redistribution of incomes as high growth rates are not reducing inequality New Delhi: The International Monetary Fund (IMF) has warned that both India and China face the social risk of growing inequality. By implication, it is suggesting that there is a problem with the redistribution of incomes in both these economies as high economic growth rates are not reducing inequality. In its regional economic outlook for Asia...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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