A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
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The plunder economy by Ashok Mitra
One lives to learn — or unlearn. The working head of what passes for this country’s Planning Commission is unambiguous about it. One important measure to fight inflation, he believes, is to raise prices. That is to say, to stop prices from rising, you must first raise prices. The gentleman has heartily endorsed the recent serial increases in the prices of petroleum products since such increases will, in his view,...
More »Work Balance? by Pragya Singh
Casual work, self-employment still rule Q&A Why are fewer women working? Education schemes and higher Wages of men are keeping them home for longer. Why is casual work growing? The biggest employment scheme, NREGA, employs casual workers. Why is self-employment down? The least-paying jobs in the self-employment sector are worse than NREGA entitlements. *** The latest official figures on employment say this: a typical Indian worker is male, starts working in his mid-20s, is presumably better educated than...
More »Power centre or toothless body? by Akshat Kaushal
Why is the ruling party unable to pass 3 very important bills? The National Advisory Council draws its exalted status from the fact that UPA Chairperson Sonia Gandhi heads it. But its inability to get its way on three new Bills indicates that its influence is waning. A couple of weeks ago, the Sonia Gandhi-led National Advisory Council (NAC) cleared the drafts of two significant Bills — the Food Security Bill and...
More »Farmers see scam in job scheme fund use
-The Times of India Farmers in Sivaganga district have alleged that funds to the tune of Rs 8 lakh was misappropriated under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) in Vengalur panchayat in Devakottai taluk. Villagers alleged that a panchayat clerk had siphoned off the money allotted for desilting a tank, a key source of water for agriculture in the locality. Based on a report on the alleged...
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