-The Hindustan Times Prime Minister Manmohan Singh has directed key ministries to coordinate with states to manage the crisis arising out of the weak monsoon this year. Rains continue to be 22% deficient. India’s monsoon deficit could crimp food output and hit farm income, which supports a third of the population, hiking inflation risk. “The Prime Minister has been apprised of the situation. He has directed all the departments and ministries to coordinate...
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PMO signals drought alert on deficit rain, asks ministries to help affected states
-The Times of India The Prime Minister's Office (PMO) has sounded an alert over a deficient monsoon, directing ministries to help states facing drought-like situations by operationalizing contingency plans to distribute seeds, augment fodder and power and deal with drinking water shortages. PMO said the monsoon season rainfall is likely to be 92% of the long-term average (LPA), less than the 96% LPA predicted in June that itself was a downgrade from...
More »Farmers' consent must for land acquisition: Akhilesh
-PTI Farmers should not be forced to vacate their land for development projects, Uttar Pradesh chief minister Akhilesh Yadav said, advocating adequate compensation for them. "Land acquisition should be done with the consent of the farmers by giving them adequate compensation and if required after adjusting the affected family in job," Yadav said in a conclave in Lucknow on Friday. He said the state government is planning to construct a road to connect...
More »FDI in multibrand retail will not further reform agenda-Manoj Pant
-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
More »Demand, not supply
-The Business Standard MGNREGA review should be based on more research Both acclaim and accusations have been hurled at the UPA’s landmark scheme, the Mahatma Gandhi National Rural Employment Guarantee programme, or MGNREGA. Usually, the reasons for the criticism or praise are less-than-completely supported. For example, it has been both praised and condemned for providing local wage employment to the jobless, thus curbing outmigration; similarly, it is claimed that the scheme has...
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