Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...
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Maximum Dithering for Minimum Wages!
Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...
More »UIDAI chairman leaves simple questions unanswered at lecture for students by Samir Kelekar
Students at the Indian Institute of Science in Bangalore raised questions on the huge cost of the newly-launched unique identification project, the security of the system and what was being done to prevent its possible misuse, but they got no clear answer In the Indian Institute of Technology (IIT) that I graduated from way back in 1983, dialogue and debate were the essence of true talent. Those who were revered most...
More »Talking of right to food, it’s a setback by Jean Dreze
The Rangarajan Committee report is another move away from the vision of a comprehensive food security act. Undernutrition levels in India are among the highest in the world, and the problem cannot be addressed by just spending another Rs 10,000 crores or so on the Public Distribution System . The need of the hour is a comprehensive food security act that integrates a wide range of interventions, including maternity entitlements,...
More »Master card: The UID faces opposition by Udit Misra
Why is the opposition to the UID scheme growing? The unique identity (UID) numbers being issued with much fanfare have no legal sanctity. This may surprise many who casually know about the UID scheme and believe it represents a progressive and transparent new India. The problem is, the Bill which proposes setting up an Authority mandated to issue such numbers was introduced in Parliament only in December 2010. This is yet to...
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