-Rediff.com Press Council Chairman Justice Markandey Katju on Saturday said anti-corruption activist Anna Hazare lacks the scientific ideas that are needed to solve the problem of graft. The PCI chairman also took a dig at the media for "hyping" up issues such as the 100th century of Sachin Tendulkar, retirement of Rahul Dravid, pregnancy of Aishwarya Rai Bachchan and death of film star Dev Anand. "This Anna Hazare movement, I have not spoken...
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Liberal politics of Economic Survey 2011-12 by Richard Mahapatra
The Economic Survey 2011-12 showcases the dividends of economic liberalisation started by the ruling party. But admits: growth is not possible without agriculture During the last financial year there were talks of the Indian economy finally decoupling from agriculture thus monsoon. The Economic Survey of 2011-12 disagrees with that. The survey has re-emphasised that whatever economic growth happened in the last fiscal it was due to agricultural growth. India recorded the...
More »Global food prices seen falling as demand growth slows: FAO
-Bloomberg World food prices will drop this year as increase in Unemployment in developing and developed countries slows growth in demand, the United Nations said. “We have started to see a decline in food prices,” Jose Graziano da Silva, director general of the UN’s Food and Agriculture Organisation, said at a conference in Hanoi on Thursday. World economic expansion will slow to 3.3% this year from 3.8% in 2011, according to the International...
More »India faces rising labour force, inequality-Prashant K Nanda
Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural income disparity, and concern that it may increase as more young people enter the job market. While India’s Unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...
More »Unemployment allowance for MGNREGA workers
-PTI Jharkhand government today promised to pay Unemployment allowance for job card holders for MGNREGA scheme if they fall short of getting 100 days work in a year. Deputy Chief Minister Sudesh Mahto told the state assembly that allowance would be paid to those falling short of the guaranteed mandays. The assurance came after RJD MLA Annapurna Devi raised the issue in the question hour. ...
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