The new consumer price indices set to debut in January will be compilations of indices for states that reflect the price trends prevailing in the country accurately, helping policy formulation and targeted intervention. Each state will have two consumer price indices, one for rural and another for urban areas. These CPI rural and urban will be added up to arrive at urban and rural retail indices at the national level. These...

Can the government break its own laws? That seems to be the case when it comes to minimum wages in the National Rural Employment Guarantee Scheme (NREGS), which makes the government the employer of the world’s largest workforce of close to 35 million job-card holders. In 19 states, the workers are getting less than the minimum wages in their areas, with the rural development ministry and the labour ministry looking the...

Economists’ report says tractors are used for just 178 hrs a year and electric motors are overused That Punjab faces an acute labour shortage each paddy season is a known and established fact. But not many know that 48.66 per cent of the total ‘family labour’ — members of a farmer’s family — available for agriculture remains underutilised in the state. A study of the resources employed in Punjab agriculture throws up...

The Union government's efforts to provide quick and quality insurance services to 38 lakh rural landless Agricultural Labourers in the state under the Aam Aadmi Bima Yojana (AABY) have suffered a serious setback with the Life Insurance Corporation of India (LIC) refusing to renew the scheme. The LIC's decision has not only resulted in hardships not only to the poor households over the past six months but also to the children...

Last month, leaders from 185 countries met in New York to take stock of progress in achieving the Millennium Development Goals (MDGs) — which include, among other things, eradicating poverty and hunger, reducing child mortality, improving maternal health — that were set in 2000 by the United Nations. The aim was to achieve these goals by 2015. But 10 years down the line, the world is way behind targets in achieving...