The government's biggest welfare programme could see an almost 60 per cent increase in funding. The forthcoming Budget is likely to make a provision of Rs 64,000 crore (Rs 640 billion) for the Mahatma Gandhi National Rural Employment Guarantee Scheme in 2011-12, against Rs 40,100 crore (Rs 401 billion) in the current fiscal. The huge increase in outlay will be mainly on account of two factors: Linking wages under the scheme with...

Despite a sharp rebound in economic growth for many countries, global unemployment in 2011 is likely to continue at the record highs of the past three years, highlighting the need for long-term policies that prioritize quality job creation, according to the United Nations labour agency. Moreover, a narrow focus in developed economies on reducing fiscal deficits without addressing the challenge of job creation will further weaken employment prospects in 2011, the...

Amit Jethwa had just left his lawyer’s office after discussing a lawsuit he had filed to stop an illicit limestone quarry with ties to powerful local politicians. That is when the assassins struck, speeding out of the darkness on a roaring motorbike, pistols blazing. He died on the spot, blood pouring from his mouth and nose. He was 38. Mr. Jethwa was one of millions of Indians who had embraced...

The coal ministry has rejected the Planning Commission’s suggestion to allow phased extraction of coal from prohibited areas saying that the robust demand for coal from expanding steelmakers and power generators fast outpaces the plan to mine in stages. The Planning Commission had mooted the idea of phased coal mining in about 203 coalfields, that were earlier declared out-of-bounds for mining by the environment ministry. But strong mining potential at the restricted...

Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...