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Egg prices hits a high, now as costly as chicken -Harish Damodaran & Parthasarathi Biswas

-The Indian Express Considering that egg production isn’t going to recover as fast as broiler, consumers may have to wait for a few weeks for prices to ease. New Delhi/ Pune: Egg prices have gone through the roof, so much so that at current retail rates of around Rs 7 per piece, it may be more worthwhile for people to eat chicken instead. Poultry farmers in the Pune region are now selling eggs...

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Why We Need to Abandon Target-Driven Welfare -Manabi Majumdar

-TheWire.in Based on a militarised notion of ‘targeting’, such welfare policies deny citizens the right to basic services. In an incisive analysis on anti-poverty and other social security programmes, Professor Amartya Sen astutely asks why the notion of targeting, which is essentially a military concept, is so routinely invoked in analytical discourses on basic welfare rights for the people as well as in policy framing in this respect. Indeed, why would an...

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Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

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Denial of MGNREGA entitlements continues in blatant violation of Supreme Court orders

-Press release from NREGA Sangharsh Morcha The Public Interest Litigation (PIL) filed by Swaraj Abhiyan in the Supreme Court on the severe drought conditions in the country had drawn the attention of the Court to the inadequate effort of the Central and state governments in implementing the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), amongst other welfare programmes. In its last judgment on issues of MGNREGA workers on 13 May...

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Do not force us to do Aadhar seeding, it is against SPIRit of democracy: Largest bank officers' body -Arun Janardhanan

-The Indian Express In the implementation of the Pradhan Mantri Jan Dhan Yojana, public sector banks and regional rural banks have opened 29.13 crore accounts as against 96 lakh accounts by the private banks. Chennai: The All India Bank Officers Confederation (AIBOC), the largest body representing over 3,25,000 officers, opposed the Centre’s move making Aadhaar mandatory and forcing bank officers to do Aadhar seeding. When the matter is subjudice in the...

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