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Labour shortage, wage hike hits Indian industry hard: Ficci

-The Economic Times   Government's flagship rural job guarantee scheme, MGNREGA, has led to labour shortages for the industry resulting in increased wage costs and hampering production, Ficci said today. The chamber, which has done a survey on the impact of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) on the industry and the farm sector, has suggested that the scheme should be stopped during the peak agricultural season. Besides, "the...

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Mihir Shah, Planning Commission member and chairman of the committee to redraft rules and guidelines of NREGA interviewed by Sreelatha Menon

Mihir Shah, member of the Planning Commission and chairman of the committee to redraft rules and guidelines of NREGA, tells Sreelatha Menon that the Act may also cover farm labourers. The consortium of NGOs that recommended changes in the National Rural Employment Guarantee Act (NREGA) was founded by you, but your suggestions have been criticised. You seem to consider it a lack of demand rather than a supply problem. First, you should...

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Cost of mining: dry lakes, barren fields across a state once green by Shalini Nair

While imposing a ban on mining in Karnataka’s Bellary district in July this year, the Supreme Court had reasoned that the massive environmental damage caused by excessive mining impinges on the constitutional right to life. In neighbouring Goa, the latest state rocked by a mining scandal, the destruction could be on an even larger scale if one compares mining figures and relates these to the areas of the large district and...

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A Mixed Bag

-The Times of India   The Mines and Minerals (Development & Regulation) Bill, cleared by the cabinet last week, signals that the government`s heart is in the right place. Under its provisions, coal firms must share 26% of their net profits with project area residents, while non-coal miners will have to provide them a sum equal to royalty paid to state governments. No system is in place at present to properly compensate...

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The poverty line debate by Kirit Parikh

Planning Commission’s affidavit to the Supreme Court states that adjusting for inflation, the poverty line for an urban person is Rs 32.5 per day per person and for a rural person it is Rs 29.3 per day per person. This has raised an outcry in media and the urban middle class, who consider them outrageously low. Based on these poverty lines, Planning Commission estimates that there are 40.74 crore persons...

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