-The Times of India Union finance minister Pranab Mukherjee on Wednesday said he would explore the possibility of setting up a committee of CMs of the eastern states for a second green revolution in the region and praised Assam, Bihar, Jharkhand and West Bengal for substantial increase in rice production during the current fiscal. Replying to the debate on 2012-13 Union Budget in Rajya Sabha, Mukherjee said due to substantial increase in...
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Wage rate under MGNREGA revised-K Balchand
The Centre on Monday revised the wage rate under the Mahatma Gandhi National Rural Employment Guarantee Act and has decided to amend the Act to remove the existing disparity in minimum wage, even as the matter is scheduled to come up before the Supreme Court on April 9. The revision in the wage rate indexed to the Consumer Price Index for Agricultural Labour (CPIAL) will come into effect on April 1...
More »World Bank to help fire up India’s infrastructure development
-The Economic Times World Bank has said it will extend full financial support to India to help enhance the abysmal level of infrastructural development in the country in the 12th Five Year Plan that begins next fiscal. The World Bank president Robert B Zoellick, who begins his fifth and last official visit to India on Monday, has expressed intent to discuss innovative methods of financing with Indian leaders during his stay. "India's needs...
More »New poverty estimate soon-Richard Mahapatra
But will it reflect true level of poverty in the country? India's poverty line has hit the headlines again. In the past six months this is for the second time that the government has tried to bring out a poverty line. Like the poverty line in September last year, the new poverty line has also triggered widespread dissent and debate. In an action replay, this time also the government almost junked...
More »Poverty test awaits CM-Devadeep Purohit
-The Telegraph The controversial poverty data from the Planning Commission has a message for Mamata Banerjee: the Marxists have brought down the number of destitute in Bengal but much more needs to be done. Latest data suggest that the number of poor has dipped by 7.5 percentage points in Bengal between 2004-05 and 2009-10, which covers the last five years of Left rule in the state. Poverty in urban areas in Bengal came...
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