Loss due to MGNREGS wage revision put at Rs.9.8 crore Revised rate below the rate fixed by the State Centre ignored State's plea for wage parity About 9.8 lakh beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are unlikely to get arrears at the revised minimum wage rate of Rs.150 fixed by the Centre from January 1. The loss on this score has been estimated at about Rs.9.8 crore. A Union Rural...

ENVIRONMENT MINISTER DISREGARDS FINDINGS OF HIS OWN REVIEW AND STATUTORY CLEARANCES COMMITTEES The following is the statement issued to the press by Abhay Sahoo, President of the POSCO Pratirodh Sangram Samiti (PPSS), and Prashant Paikeay, the PPSS spokesperson, on January 31, 2010. The decision of Environment Minister Jairam Ramesh to give a comprehensive okay to the POSCO India Steel Power Production-Captive Port project, based on some additional conditions, is nothing short of...

Non availability of timely credit has been a major drawback for the agricultural sector of India. In a country which relies mostly on agriculture, constant endeavors are needed to see that rural and agricultural credit facilities are enhanced with time. As a part of these efforts, agricultural credit cards got introduced in the agricultural lending system. Similarly cash credit facility was also being offered by many banks. However, a major shortfall...

In a move that could spell the end of Reliance Group's Mumbai Special Economic Zone (MSEZ), the Maharashtra government on Friday issued a Notification to denotify the land acquisition process for the project that saw stiff opposition from villagers. State Revenue Minister Balasaheb Bhausaheb Thorat told The Hindu that the remark “land earmarked for acquisition” would be removed from all the land titles for the total SEZ area of 16,900...

Maharashtra Chief Minister Prithviraj Chavan made the plea following farmers' protest Go-ahead for export of 3 non-basmati varieties Onion prices as low as Rs. 4-5 a kg in Maharashtra Union Commerce and Industry Minister Anand Sharma on Friday said the government was actively considering a request from Maharashtra Chief Minister Prithviraj Chavan to lift the ban on export of onions whose prices crashed last week triggering farmers' protest. In a related development, the government...