In the first high-level red-flag against the UPA government’s flagship Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), Agriculture Minister Sharad Pawar has told Prime Minister Manmohan Singh that while assets created under the NREGA “may or may not have productive use”, the programme was “adversely” impacting the agriculture sector by “drawing out agriculture labourers from agricultural operations”.   In a letter sent to the prime minister late last month, Pawar is...

-The Telegraph   RBI governor D. Subbarao has expressed concern over Bengal’s low credit-deposit ratio, which means that funds from the cash-starved state are actually meeting the borrowing needs elsewhere. The erstwhile Left government used to blame banks for the skewed ratio. But bankers have blamed it on the poor credit absorption capacity of rural Bengal because of fragmented land holdings — a fallout of the land reforms. After a meeting with chief minister...

Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...

U.P.'s GDP grew at 7.28 per cent in the past five years, but the State ranks low in virtually every area of socio-economic development. IF statistics on gross domestic product (GDP) are the only criteria to evaluate the performance of a government, the Mayawati-led Bahujan Samaj Party (BSP) government in Uttar Pradesh will have to be rated as one with highly impressive credentials. For, India's most populous State has recorded a...

A fresh wave of farmer suicides has been reported in several states, pushing families deeper into poverty. A coalition of farm-sector organisations said it had identified over 700 cases this year, but state government officials said they were still verifying the incidents. “Vidarbha in Maharashtra has emerged as the epicentre of farmer suicides again. There have been 680 suicides in just 6 districts in 2011,” said Kishor Tiwari of Vidarbha Jan...