-The Hindu Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (CACP) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...
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CAG, food security and good sense -Tejinder Narang
-The Hindu Business Line A new CAG report offers valuable insights into the likely implications of implementing the proposed food security law. The National Food Security Bill (NFSB) couldn't be passed in the Parliament session that ended last week, despite a spirited promotional pitch by its proponents - including Nobel Laureate Amartya Sen. Last week also saw the Comptroller and Auditor General of India (CAG) table its report on "Performance Audit of...
More »Rural Mission to be executed in phased manner-Girija Shivakumar
-The Hindu The government has reiterated that it will implement the National Rural Livelihoods Mission (NRLM) in a phased manner to ensure targeted and time-bound delivery of results. Recently, in a reply to a question posed in the Lok Sabha, Minister of State for Rural Development Pradeep Jain had said that it was the NRLM's mandate to guarantee that at least one member from each identified rural poor household, preferably a woman,...
More »Agriculture now moves into the field of tourism -Madhvi Sally & PK Krishnakumar
-The Economic Times NEW DELHI/ KOCHI: A growing number of farmers are turning entrepreneurs and earning big bucks from something they offered free to friends and relatives - a healthy and relaxing weekend to unwind in lush green farms, drive a tractor, ride a bullock cart, milk a cow and pluck fresh fruit from orchards. Farm tourism, once a small niche, is expanding rapidly and getting a big push from the tourism...
More »Services sector contributes Rs 2.98 lakh crore to Delhi's GDP
-PTI NEW DELHI: The services sector contributed a whopping Rs 2.98 lakh crore to Delhi's gross domestic product (GDP) of Rs 3.65 lakh crore in 2012-13, keeping its position as the main driver of the city's economy. The services sector, which includes real estate, hotels, restaurants, banking, insurance, wholesale and retail trade, accounted for 81.54 per cent of Delhi's total GDP in 2012-13 compared to an 81.62 per cent contribution in 2011-12,...
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