But non-farm income keeps economy afloat   New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...

-Greater Kashmir Jammu, Apr 25: The wage rate under MGNREGA would be increased from present Rs 131/day to Rs 150 to speed up its implementation at the ground level. The information, according to an official statement, was given in the 4th State Employment Grantee Council meeting held here today under the chairmanship of Minister for Rural Development, Panchayati Raj, Law Justice and Parliament Affairs, Ali Muhammad Sagar. Sagar while impressing upon the officers...

-Tribune News Service Notwithstanding the marginal decline in spendings under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) over the past two years, Himachal has the best performance indicators, putting it in the league of top-performing states. The total expenditure under the scheme came down from Rs 556.55 crore in 2009-10 to Rs 516.34 crore in 2010-11 and further fell to Rs 509.43 crore in the last financial year. However, the number...

Difficult times call for difficult measures. Pushed into a corner by an unsustainable fiscal deficit and various sectors and programs (including the proposed food security legislation) screaming for a greater share of the budget pie, the Congress-led United Progressive Alliance (UPA) government in India has been forced to do what it might not have otherwise—reduce its marquee job guarantee scheme’s allocation in a big way for the first time.  In one...

“The best way to solve the problem of surplus foodgrains is to roll out food security law” Opposing the Union Finance and Food & Civil Supply Ministries' proposal for providing foodgrains as part payment of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme, Union Rural Development Minister Jairam Ramesh holds that the best way to solve the problem of surplus foodgrains is to roll out the food security law...