In the summer of 2009, farmer Ramesh Dhumale was excited when he got to plant about a kilo of seeds of what was pitched as the country’s first indigenously developed genetically modified (GM) cotton. At Rs 200 a kg, the seeds were far cheaper than the Rs 1,500-2,000 that the other GM cotton seeds cost. But the biggest plus was that the farmers could use and reuse the seeds from successive...
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Protest against lack of work under MNREGS by Shiv Sahay Singh
Sixth anniversary of the implementation of the scheme On the sixth anniversary of the implementation of the Mahatma Gandhi National Rural Guarantee Employment Scheme (MNREGS) there were protests outside the office of State Minister for Panchayat and Rural Development Subrata Mukherjee here on Thursday against the absence of work and delay in payment of wages under the scheme. Stating that so far an average of 15 person-days of work per household had...
More »Govt discontinues weekly WPI release
-The Financial Express The government today announced discontinuing releasing weekly primary and food inflation data based on the Wholesale Price Index. "Weekly WPI is discontinued henceforth," the Ministry of Commerce and Industry, which releases the inflation data, said. The government, however, will continue releasing the monthly headline or overall inflation data, which also contains the break-up for all segments including food, non-food, fuel and manufactured items. The headline inflation figures for January are scheduled...
More »Per capita income crosses Rs 50,000
-The Times of India The per capita income of Indians for the first time crossed the Rs 50,000-mark in 2010-11, although using current prices as the barometer. According to the revised GDP data for the last financial year, per capita income is estimated to have risen 16.9% to Rs 53,331 compared to Rs 46,117 in the previous year. The $1,000-average income of Indians is seen to be illusionary in economic circles as...
More »Do we need the Aadhar scheme?
-The Business Standard Its guarantee of non-duplication can have far-reaching cost benefits but it has deep design flaws that can be compromised. PRAVEEN CHAKRAVARTY Former Volunteer, Financial Inclusion, UIDAI* “Aadhaar is an unadulterated identity programme that answers the question: Is the individual who he or she claims to be?” The word “unique”, and not “identity”, is central to the unique identity programme or Aadhaar. It may be true that the vast majority of people possess some...
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