New tensions are emerging between the government and its think tank, with the food ministry making major changes to a National Advisory Council (NAC) draft of a new law slated to become the blockbuster social-security scheme of the United Progressive Alliance (UPA) government’s troubled second tenure. Key provisions of the national food security Bill, 2011, due to be introduced in Parliament’s next session starting 2 August, and estimated to cost the...
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Ramesh plans bank for women SHGs by Ruhi Tewari
To promote self-employment among people living below poverty line (BPL), particularly women, the rural development ministry proposes to set up a dedicated national bank for women self-help groups (SHGs) and also lower the interest rate on the credit they receive from any nationalized bank. Rural development minister Jairam Ramesh on Monday said he will soon take up both these proposals with the finance ministry. “We have proposed a detailed paper for a...
More »Poverty rate drops, rural wages up during six years of UPA rule by Devika Banerji & Rishi Shah
Finally, there's some good news for the United Progressive Alliance government. Consumption numbers for the past six years show that real incomes have grown much faster under the Congress-led coalition than during the National Democratic Alliance era. What's more, poverty is trending down and rural wages are growing smartly. The 2009-10 survey by the National Statistical Survey Organisation (NSSO) shows real spending by each person in rural India rose 6.3%...
More »UN hails studies showing antiretroviral drugs can prevent HIV infection
-The United Nations The United Nations today welcomed the results of studies that show that taking a tablet of an antiretroviral drug daily can reduce the risk of acquiring HIV by up to 73 per cent in people not infected by the virus that causes AIDS. The findings of the studies carried out in Kenya, Uganda and Botswana, showed that daily use of both tenofovir and tenofovir/emtricitabine antiretrovirals, taken as preventive...
More »Global food inflation to return after brief respite
-Reuters Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...
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