Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...
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Six years of the rural jobs scheme
-Live Mint This week marks the completion of six years of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Six years is not a long period of time for any meaningful evaluation of a programme of such nature. However, even within this short period of time, the programme has attracted considerable attention. One part of this is the criticism of how the programme involved considerable leakages, did not create productive...
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 »Economic reforms confined to the corporate sector only by Madhu Purnima Kishwar
Poverty is concentrated in the informal sectors of the Indian economy, with people in these occupations amongst the worst affected from the pernicious Licence Quota Raid Raj. This is illustrated by the sarkari controls that trap the livelihoods of some of our nano entrepreneurs - cycle-rickshaw owners and pullers - in a web of illegality. Cycle-rickshaws are an inexpensive mode of commute in many cities, and do not cause any...
More »Rural retail sees fall in demand by Ajay Modi
Hariyali Kisaan Bazaar, India’s biggest rural retail chain by sales, which operates 230 stores across eight states and had seen good growth in the past two years, said it had seen a fall in rural demand in the past two to three months. A drop in prices of potatoes, onions and some other vegetables, leading to low realisation for farmers, and an increase in cost of fertiliser, are reasons for these...
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