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Cash crisis threat to record harvest by Samar Halarnkar

Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...

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India must be aware of the dangers posed by jobless growth by Jayati Ghosh

Employment data indicates that India's recent growth has been largely jobless, the government must adjust its policies and promote job creation. Every five years, India's statistical system releases the results of a large scale sample survey that generates comprehensive data about consumer expenditure, employment conditions and much else. The results of the most recent survey conducted from July 2009 to June 2010 have just been released, and they have created shock...

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Do Posco differently by Mahtab Alam

Mahtab Alam examines the trouble with the steel project and suggests a way out THE PROPOSED mega Posco project and the anti-Posco movement are back in the news after the violence at the proposed site on 16 July. According to the reports I got, on that day, eight platoons of police attacked and lathicharged peaceful protesters in the village of Nuagaon, Jagatsinghpur district, Odisha. The protesters, despite being mostly women, were...

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Prof. Reetika Khera interviewed by The Economic Times

Matter begins: What is the impact of the National Rural Employment Guarentee Act on rural wages? That is the question that the pundits are asking today. It's a query which feeds into a larger question. Six years have passed since NREGA became a legal reality. What is its village-level impact? It's a complex question to answer. NREGA undertakes to provide employment to anyone who asks for it. Which makes it...

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Court moots scheme to treat poor

The Karnataka High Court on Tuesday proposed a new set of guidelines for the treatment of poor patients by private hospitals, which are seeking waiver of Customs Duty on medical equipment imported during 1980s and 90s as per the then existing scheme. According to the court's proposal, the private hospitals should treat free of cost 20 per cent of patients from below poverty line (BPL) of their total in-patient number in...

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