-Down to Earth UPA gives sops under MGNREGS to attract rural voters ahead of elections WITH most of its recent schemes struggling, a desperate UPA government is pinning its hopes on Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to win votes in 2014 elections. The government is overhauling the employment scheme that helped it return to power in 2009 for a reason. It touches the lives of over 55 per cent...
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Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »Pan masala, gutka to cost more as govt raises duty
-The Times of India NEW DELHI: Pan masala, gutka and several other tobacco products that are sold in pouches are set to get expensive as the government on Monday increased excise duty in a last-ditch effort to boost revenues. A statement issued by the finance ministry did not specify the extent of increase in excise but said the levy will now be linked to the capacity of production, which has increased due...
More »National rural jobs scheme loses steam in Karnataka, Rajasthan-Sanjeeb Mukherjee
-The Business Standard In 2009-10, number of days a household got employment in a year in rural areas of Rajasthan was about 38, which steadily dropped to 23 in 2012-13 Rajasthan and Karnataka, which used to be stand-out performers of the United Progressive Alliance (UPA)'s flagship scheme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), of late, are showing signs of faltering in terms of execution, raising a question mark on...
More »Sustainability and food security -Nilanjan Ghosh
-The Hindu Business Line The South Asian population has been growing at the rate of 1.5 per cent per annum, and agricultural production at 2.5 per cent per annum has been keeping pace with the demographic trends, thereby creating the necessary provision for food. Yet, the inherent problems of distribution have loomed large for South Asia. India's National Food Security Act, 2013, emphasises defining certain target groups and highlights the importance...
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