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Maharashtra fails to use 50% of funds for rural jobs by Harish Gupta

It appears there are few rural poor left in Maharashtra. How else would one explain that while the central government’s flagship rural employment initiative, Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), is a big hit across the country with states utilising more than 80% of funds allocated by the Centre, state spent only 50% of its share last year. The Union ministry of rural development is headed by a...

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Global food prices increase for eighth straight month, UN agency reports

Global food prices rose for the eighth straight month in February, the United Nations Food and Agriculture Organization (FAO) reported today, while also warning that unexpected spikes in oil prices could exacerbate an already precarious situation in food markets. The FAO Food Price Index – a measure of basic food prices at the international level – averaged 236 points in February, up 2.2 per cent from January, the highest record in...

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Recent oil price surge adds to concerns over high food prices

Global food prices increased for the eighth consecutive month in February, with prices of all commodity groups monitored rising again, except for sugar, FAO said today. FAO expects a tightening of the global cereal supply and demand balance in 2010/11. In the face of a growing demand and a decline in world cereal production in 2010, global cereal stocks this year are expected to fall sharply because of a decline in...

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Strengthen Forest Rights Act, says National Advisory Council

Recommends guidelines to be issued by Tribal Affairs Ministry The National Advisory Council (NAC) has drawn up detailed operational guidelines, which it has recommended that the Union Tribal Affairs Ministry issue to the States for strengthening the Forest Rights Act (FRA). These guidelines can be issued under Section 12 of the FRA. One, the gram sabhas that are called for enquiry and verification of claims should be convened at the level of...

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Survey outlines reform agenda for accelerated growth by Ashok Dasgupta

Policy reforms required to bring about better convergence of schemes Streamlining of environment clearance for infrastructure projects suggested Higher farm sector share in economic development needed The Economic Survey 2010-11 has advised the government to carry out nearly a dozen reforms pertaining to various sectors of the economy and stressed that action in this regard would be necessary to achieve the 9 per cent GDP (gross domestic product) expansion projected for 2011-12 and...

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