Eighty labourers, both men and women, are at work at Thiruvanduthurai village in Tiruvarur district of Tamil Nadu, about 325 km south of Chennai. They are digging a pond - about an acre wide and six feet deep - funded under the Mahatma Gandhi National Rural Employment Guarantee Scheme, or MGNREGS. Outside the work perimeter, two middle aged men look on, worried. P. Murugan and K. Govindaraj are farmers from the...
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Food inflation snaps easing trend in mid-March
Food inflation snapped a three-week easing trend in mid-March and fuel inflation remained at elevated levels, keeping pressure on the Reserve Bank to rein in broader inflation. The food price index rose an annual 10.05% in the week to March 12, higher than a 9.42% rise in the previous week as prices of potatoes and vegetables rose, data released on Thursday showed. The fuel price index climbed 12.79% in the same week,...
More »Long way to go by PS Krishnan
Budget 2011-12 and the Scheduled Castes and Scheduled Tribes. THREE decades ago, in the early years of the Special Component Plan (SCP) for Scheduled Castes – very recently renamed inappropriately as Scheduled Castes Sub-Plan (SCSP) – Indira Gandhi on her return as Prime Minister wrote two historical D.O. letters dated March 12, 1980, one to Central Ministers and the other to State Chief Ministers, regarding the SCP in the Central...
More »Panel wants mandi law revised
An inter-ministerial group set up by the government to keep a watch on inflation and suggest measures has reiterated the need to revise the mandi law that prevents competition among buyers for farm produce. The group headed by chief economic advisor Kaushik Basu said the Agricultural Produce Marketing Committee (APMC) Act needed to be revised to encourage competition among traders and promote efficiency in retailing. Kishore Biyani , Chairman, Future Group...
More »Second green revolution is the need of the hour by Kunal Bose
The government will certainly not indulge in self congratulation for agriculture recording a growth of 5.4 per cent to 232.07 million tonnes in 2010-11 as this is happening on a low production base of 218.11 million tonnes last year when the country experienced the worst south-west monsoon since 1972. In fact, the major concern of the government is farm sector’s niggardly growth of 2.8 per cent in the first four...
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