Travelling in rural India always yields rich insights into how poor women struggle to provide that little extra, in terms of food, for the family meal. It was in the village of Vijaypura – in the drought prone Bundelkhand region of Uttar Pradesh – that I came across Bharati, a 39-year-old farm woman and homemaker, working her everyday magic by laying out slices of potato and whole green chillies on the...
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Cut in NREGA allocation may hit FMCG firms-Meghna Maiti
The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...
More »In whose welfare?-Gaurav Choudhury
One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...
More »Poverty test awaits CM-Devadeep Purohit
-The Telegraph The controversial poverty data from the Planning Commission has a message for Mamata Banerjee: the Marxists have brought down the number of destitute in Bengal but much more needs to be done. Latest data suggest that the number of poor has dipped by 7.5 percentage points in Bengal between 2004-05 and 2009-10, which covers the last five years of Left rule in the state. Poverty in urban areas in Bengal came...
More »Budget 2012: Farce of food subsidy being played out again-Nidhi Nath Srinivas
The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...
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