As minister for rural development, Jairam Ramesh oversees the largest spending in the social sector by the government. This includes the marquee Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) that was pioneered by the Congress-led United Progressive Alliance in 2006. The minister, an alumnus of the Indian Institute of Technology and the Massachusetts Institute of Technology, is known for his forthrightness. In a typically candid interview to Mint on...
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Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar
-The Economic Times The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone. But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...
More »Farmers’ unions call strike against Mamata govt by Rajib Chatterjee
The peasants’ organisations of the four Left parties in West Bengal have called the Mamata Banerjee government “insensitive” to the plight of farmers and have decided to mobilise them to launch a campaign. The state government is already under fire from the farmers’ community for failing to procure paddy at the minimum support price (MSP) and provide jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). The CPM’s peasants’...
More »Four farmers from Vidarbha commit suicide in 72 hours
-PTI Four cotton growers in Vidarbha committed suicide in the last three days as the local administration has stopped distribution of relief aid to crisis-ridden farmers because of the code of conduct in place for coming local bodies elections. This was an observation made by a local organization fighting for farmers' cause on Sunday. "All the officials are busy because of the ensuing local body election and the State Election Commission has...
More »FCI pays 30% less, forces distress sale by Sidhartha & Surojit Gupta
Farmers across the country are entitled to get Rs 1,080 a quintal (100kg) asminimum support price for paddy. But surprisingly, a team from the Centre that visited Bihar and Uttar Pradesh last week found that theFood Corporation of India (FCI) was paying nearly 30% less. With little procurement taking place in these states, farmers have been left with no option but to go for distress sale. The result: In procurement centres...
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