The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
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Bonded Labour System still a reality -Urmi A Goswami
-The Economic Times NEW DELHI: After losing her husband to an illness, Jeyanthi (name changed) was forced to step in as the bread earner for her six young children. With no education, work was hard to come by for her, and existence was at bare subsistence levels. Jeyanthi got by, working as a casual labourer; and as her sons became older, they too pitched in. Life was to take a nastier...
More »The poverty quibble-Latha Jishnu
-Down to Earth Government claims a huge drop in poverty numbers but critical indicators-health, malnutrition and wages-continue to be grim. So how did the poor fare better? After a long, long time there was good news to splash as media led with the report of a record 21.9 per cent drop in poverty levels. The July 24 newspaper headlines were celebratory as they reported the Planning Commission's findings that poverty rates...
More »Creating durable assets through rural employment: Rubber Board ties up with MGNREGA
-The Economic Times The state-run Rubber Board is turning to the rural employment guarantee programme to increase India's natural rubber output from the present 9 million tonne a year. With rising global demand for rubber, the board is keen to extend the area under cultivation. It has identified 400,000 hectare in the North East, 100,000 hectare in Odisha and 50,000 hectare each in Andhra Pradesh, Jharkhand and Chhattisgarh as areas with potential...
More »Understanding the poverty line-Mihir Shah
-The Hindu What it signifies, what it does not tell us and what it will definitely not be used for Great shrillness has marked the current furore over the Planning Commission's latest poverty estimates. No surprise, therefore, that understanding and wisdom have flowed in an inverse proportion. Surprising and sad, however, is the fact that some political leaders have at times spoken in a manner deeply hurtful to the aam aadmi and...
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