The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
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Kerosene racket is half the size of NREGA bill by Anupama Airy
The poor man’s fuel, kerosene — paid for by state subsidy — is diverted to adulterating diesel mostly for truckers. And the industry is estimated to be worth half the sum the government spends on employment for the rural poor every year. Welcome to the Great Indian Kerosene Racket, which hit a new high this week when additional collector Yashwant Sonawane of Maharashtra’s Nashik district lost his life in a...
More »Tribal ministry rejects Sonia panel advice by Nitin Sethi
The Sonia Gandhi-led National Advisory Council has been snubbed once again by the government, this time by the tribal affairs ministry. The ministry rejected all recommendations made by the council to reform the implementation of the Forest Rights Act — the UPA's flagship programme and law to give land rights back to tribals and forest dwellers. The National Advisory Council had recommended strong measures for restoration of forest lands to...
More »NREGS cost rises steeply by Sreelatha Menon
The government’s bill for funding the National Rural Employment Guarantee Scheme (NREGS) has risen steeply, due to its decision to revise wage rates under these projects and to link these to the inflation rate. The government had agreed to indexation, but not to activists’ demand to pay at each state’s set minimum wage rates, indexed to inflation. The wage rates continue to be delinked from the statutory minimums applicable; in many...
More »No account auditing of Rs 1.08 lakh crore released under NREGA: Centre by Dhananjay Mahapatra
The Centre released Rs 1.08 lakh crore to states under the Mahatma Gandhi National Rural Employment Guarantee Scheme since February 2006 but did not carry out account auditing at any level, the government told the Supreme Court on Friday. This admission by the Union of India meant violation of the intent of Section 24 of the Act, which says, "The central government may, in consultation with the Comptroller and Auditor General...
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