-PTI Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release here today. Among other items, only vegetable prices saw a decline of 4.73 per cent over the February 2011 level. During the month, the prices of egg, meat and fish rose...
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Mukherjee’s budget: giving ‘aam aadmi’ a wide berth-Liz Mathew
The common man, whose concerns were at the heart of the Congress-led United Progressive Alliance’s two successful election campaigns, doesn’t seem to be the focus of finance minister Pranab Mukherjee’s budget. Experts and political analysts say the aam admi doesn’t appear to be the dominant concern anymore, prompting speculation about Congress party chief Sonia Gandhi’s role. She has thus far been setting the UPA’s social agenda through the National Advisory Council...
More »Economic Survey: Rural job freeze plan leaves Jairam fuming
-The Economic Times Could the Centre freeze the job guarantee scheme during peak agriculture season? The controversial demand from the agriculture ministry found an echo in the Economic Survey released on Thursday, but was quickly dismissed by rural development minister Jairam Ramesh. While lauding the flagship scheme, the survey listed a few other measures as the way forward. "While the overall performance of MGNREGS has been good, there is scope for improvements...
More »Tribals threaten hunger strike against illegal mining
-The Times of India Tribals and dalits led by social activist Vijay Vinit have threatened to start hunger strike from March 16, 2012, if illegal mining operating is not stopped in Sonbhadra district. They have also demanded that all the officials, mafia, politicians, journalists who have been named in the recent mining accident should also be arrested. Twelve Labourers had died and scores injured in the mining accident on February 27....
More »MGNREGA led to double digit growth in wages annually, exceeding rate of inflation
-The Pioneer Hitting at UPA’s biggest flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Agriculture Ministry has criticised the scheme in it’s first ever Agriculture Survey saying that MGNREGA has led to double digit growth in wages annually in the last few years even exceeding the rate of inflation that prevailed during this period. The Agriculture Survey is compiled by the Agriculture Ministry as a precursor to Union Budget on...
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