-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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MGNREGA wages should not be less than minimum wage of a state: expert panel -Jitendra
-Down to Earth Panel headed by economists S Mahendra Dev also recommends linking wages to Consumer Price Index-Rural as cushion against inflation A committee of experts set up by the Union rural development ministry has recommended that the wages paid to unskilled agricultural labourers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) should be the minimum wage fixed by the respective state or the current wage as per the consumer...
More »Panel proposes change in MGNREGS wages -Elizabeth Roche
-Live Mint Panel recommends wages under the MGNREGS be made equal to or higher than the minimum wage determined by state govts New Delhi: A high-level panel constituted by the previous Congress-led United Progressive Alliance government has recommended that wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) be made equal to or higher than the minimum wage determined by state governments. The panel, headed by S. Mahendra Dev, director...
More »Rangarajan committee report: 11 major states out of 20 have lesser percentage of poor than Gujarat -Rajiv Shah
-Counterview.net Latest report on measuring poverty authored by a committee headed by former Reserve Bank of India (RBI) governor C Rangarajan, has found that as many as 11 major Indian states out of 20 have fewer percent of poor than Gujarat. Submitted to the Modi government as a plea to come up with a new poverty criterion that takes into account "public expenditure that is being incurred in areas like education,...
More »It’s about the poor -PP Sangal
-Down to Earth Poverty line figures hide people's aspirations There are lies, damn lies and statistics, American author Mark Twain once wrote echoing a similar statement by the British statesman Benjamin Disraeli. Statistics aim to reveal a lot, but they conceal vital information. This concealing tendency of statistics explains much of the flak received by the Planning Commission when it released figures on the poverty line. In 2012, the commission announced that...
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