The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

The government plans to focus its flagship rural jobs guarantee plan on the poorest districts of the country as there is a growing recognition within the administration that the scheme's nation-wide rollout has adversely impacted its performance. Launched in 2006, the Mahatma Gandhi National Rural Employment Guarantee programme promises at least 100 days of unskilled manual work in a year to each household in rural India. The scheme was initially...

-PTI   All major agrarian states are facing shortage of farm labourers due to factors like implementation of NREGA and migration of labours to urban areas for better job prospects, Parliament was informed today. "All major agricultural producing states where rural employment generation programmes are being implemented are facing this problem (labour shortage)," Minister of State for Agriculture Harish Rawat said in a written reply to Lok Sabha. Factors such as implementation of Mahatma...

The recent estimates of employment and unemployment from the 66th round (2009-10) of the National Sample Survey (NSS) belie any hopes that the growth of the Indian economy between 2004-05 and 2009-10 has been inclusive. Employment has expanded by only a million jobs during this period. Not only is this lowest ever growth recorded in any such period, the fact that it occurred during the period of highest growth in...

The Rural Development Ministry seems to be a familiar ground for Jairam Ramesh . No sooner was he given the new portfolio, he announced that the two bills related to land acquisition would be clubbed. The minister spells out his priorities in an exclusive interview with ET. Excerpts: What will be the key motif for the omnibus land acquisition law you are proposing? The bill will be facilitative not restrictive....