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Wages in India lagged behind overall GNP growth: Amartya Sen

-The Business Standard Nobel laureate says rural areas worst affected, with wages in Chinese villages having risen 6-7 times faster Nobel laureate Amartya Sen today said that wages in India had failed to keep pace with the overall GNP growth over the last decades. Sen pointed out, although India has seen a lot of economic growth over the past 20 years, wages, especially that of Rural Labour, have fallen behind. Comparing wage rise...

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Ramesh contradicts FM, says NREGA has positive impacts -Urmi A Goswami

-The Economic Times Rural Development minister Jairam Ramesh has written to Prime Minister Manmohan Singh explaining the positive impact of the rural employment guarantee programme on agricultural production. The note is in response to persistent claims by Finance Minister P Chidambaram and Agriculture minister Sharad Pawar that the rural employment scheme has adversely affected agriculture. Stressing on the positive impact of the UPA's employment programme, Ramesh has suggested that the Prime...

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Dent in anti-poverty scheme due to NREGS: report

-The Hindu Hyderabad: An anti-poverty project to transform the lives of ultra poor families has failed to make an impact and increase the net income of the targeted families in Medak district in the State at the end of four years. The project sponsored by the World Bank and the Ford Foundation was aimed at graduating 426 households from extreme poverty to a more stable state by enabling them establish micro-enterprises through...

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MNREGS killing entrepreneurial spirit of rural AP, says study

-The Times of India HYDERABAD: The UPA government's petprogramme - the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) - may have been started with the objective of securing the livelihood of the residents of rural India by providing assured employment for 100 days in a year, but has ended up choking the entrepreneurial spirit in the hinterlands ofAndhra Pradesh. These are the findings of a study conducted by a faculty of...

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NSSO data not necessarily helps reach right conclusion: Montek Singh Ahluwalia

-PTI   The government needs to do a lot to create new jobs, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Thursday adding the NSSO data does not necessarily reveal "what exactly is happening". "It is not sufficient to reach to any conclusion about the workforce scenario. I don't believe that we can come to an unambiguous conclusion on the basis of NSSO data that what exactly is happening", he said addressing...

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