The latest report on the progress of millennium development goals (MDG) by the United Nations has said that robust social protection and employment schemes such as India's Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) reduce poverty and reverse inequality. In its report, ‘What Will it Take to Achieve Millennium Development Goals,' the United Nations Development Programme (UNDP) has said the MNREGS is known for improving livelihoods through legal guarantee of...
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Food, fuel inflation ease in early June
India’s food and fuel price inflation eased in early June, easing pressure on Reserve Bank of India (RBI) to speed up its process of tightening monetary policy. India’s food price index rose 16.12% in the year to 5 June, snapping a two-week rise, and lower than the previous week’s annual reading of 16.74%, government data released on Thursday showed. The fuel price index climbed 13.18%, compared with an annual rise of 14.23%...
More »Badal says issue of free power to be discussed in cabinet
Punjab Chief Minister Parkash Singh Badal today said the decision on free power to the farm sector will be discussed in the cabinet but rejected the Planning Commission's contention that it was responsible for the alarming depletion of groundwater in the state. "The farmers of Punjab have been using ground water for the crops and the state has helped whole country to overcome food crises many times," Badal said, reacting to...
More »Buoyant Pepsi to take contract farming to troubled states by Seema Sindhu
Ram Prasad Ghosal, a potato farmer from Bamunpara (Dist Burdwan) in West Bengal, owns 10 acres of land. Just two months earlier, though, his ilk faced a major scare. The region witnessed a bumper potato crop of 9.5 million tonnes — 73 per cent higher than last year’s production. Wholesale prices in Kolkata crashed to Rs 300 a quintal. Retail prices, too, dropped to Rs 6-8 a kg. Farmers were...
More »CBI for new law to govern its functioning by Vinay Kumar
CBI feels constrained by need to get consent of States to probe offences in their jurisdictions Draft envisages panel for appointment of CBI Director as laid down by Supreme Court Often under attack from the Opposition parties who accuse the government of the day of misusing it, the Central Bureau of Investigation (CBI) has urged the government to replace the outdated pre-independence era Delhi Special Police Establishment Act that governs its functioning...
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