Continuing with its trend towards moderation, inflation declined to 7.48 per cent in November, mainly boosted by lowering of pressure on certain food items.Inflation had stood at 8.58 per cent in October. It was 4.50 per cent in November 2009. For September this year, the inflation figure has been revised upwards to 8.93 per cent from the provisional number of 8.62 per cent.This is the fourth consecutive month when the...
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States must pay minimum wages to workers under NREGA: Pronab Sen by Sreelatha Menon
Principal Advisor to Planning Commission Pronab Sen, who is heading a committee on wages, has said states are bound to pay prevailing minimum wages to workers under the National Rural Employment Guarantee Act. His view contradicts the stand taken by the rural development ministry, which had said that NREGA exempts itself from other laws including the Minimum Wages Act and hence the Centre is not obliged to reimburse states according to...
More »Labour shortage in the fields drives farmers to tractors by Shally Seth
Pawan Goenka noticed something unusual last year—tractor sales were climbing even though India had its worst monsoon in more than three decades and farm output dropped 2.8% in the three months to December last fiscal. The umbilical cord that tied rainfall patterns and tractor sales seemed to have been ruptured. The president of auto and tractor maker Mahindra and Mahindra Ltd offers an interesting explanation to this puzzle: growing labour shortages...
More »Record 16.5 Million tonne pulses production likely this year
India is likely to harvest a record 16.5 million tonne pulses this year. This was announced by the Agriculture Minister, Shri Sharad Pawar, at the 6th Agriwatch Global pulses Summit here today. The Minister said that though India presently imports a large quantity of pulses, the use of new production technologies and agronomic practices, and government support will lead to self sufficiency. Shri Pawar said that more aggressive promotion of available technologies...
More »Daal not enough? Grow them abroad, says Pawar
Few politicians can match Sharad Pawar when it comes to having one’s finger on the aam aadmi’s pulse, er pulses.At a time Indian entrepreneurs are manufacturing Jaguars and Landrovers abroad, the Union agriculture and food minister wants them to cultivate daal overseas.That would not only help fulfil the growing domestic demand for lentils, Pawar declared today, but also curb the environment-unfriendly dependence on animal proteins.At the sixth Agriwatch Global pulses...
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