-Business Standard Between April and September 2014, the central govt released Rs 13,618 cr to states, against Rs 24,676 cr in the same period last year Kolkata: The Union government has severely cut the funds for Mahatma Gandhi National Rural Employment Guarantee Act, one of the largest job-creation programmes in the world, even as it deliberates on framing new norms for it. Compared to last financial year, there has been nearly a 45...
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Farming in a fragmented landscape -T Ramakrishnan
-The Hindu Average size of landholding has shrunk to 0.80 hectares during 2010-11 Chennai: Land available for farming in Tamil Nadu is going down year by year. There seems no end to fragmentation. According to the latest report of the Department of Evaluation and Applied Research (DEAR) on the State's economic appraisal for the period from 2011-12 to 2013-14, the average size of landholding has shrunk from 1.45 hectares during 1970-71 to 0.80...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Black economy now amounts to 75% of GDP -Puja Mehra
-The Hindu Driven substantially by the higher education sector, real estate deals and mining income, India's black economy could now be nearly three-quarters the size of its reported Gross Domestic Product (GDP). These are among the findings of a confidential report commissioned by the government and accessed exclusively by The Hindu. Since there were no "reliable" estimates of black money generated in India and held within and outside the country, the UPA...
More »‘Social spending programmes not reaching needy’ -Puja Mehra
-The Hindu In 2009-10, 33% of PDS off-take of kerosene diverted for non-household use: report The findings of a confidential report, commissioned by the government and accessed exclusively by The Hindu, have revealed that allocated expenditures of social spending programmes are not reaching intended users and confirm leakages due to corruption. The capitation fees collected by private colleges, on management quota seats in professional courses, last year was around Rs 5,953 crore, the...
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