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Don't Curb NREGS ( Times Of India)

Though it remains susceptible to leakages and can do with greater oversight, the National Rural Employment Guarantee scheme (NREGS) appears to have boosted rural incomes by providing job seekers at least 100 days' guaranteed labour every financial year. That's why the Union rural development ministry's reported advisory to states to 'informally' suspend NREGS operations during peak farming season isn't a very good idea. For starters, the move would be legally...

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‘Benefits of growing economy must reach rural areas’

Ahmedabad : In a five-page concept note that will be further expanded and which is expected to guide the government policy during the 12th Five-Year Plan for the state, 10 senior academics have pointed out the areas of concern in rural parts of Gujarat. They have put forward a proposal before the state. The paper is a result of a meeting chaired by IRMA chairman Professor Y K Alagh on the...

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Global food inflation to return after brief respite

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

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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,...

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Ban on non-iodised salt unconstitutional: Supreme Court by J Venkatesan

The Supreme Court, while holding that the prohibition imposed by the Centre on non-iodised salt for human consumption is unconstitutional, has however, said the ban will continue for six months. A Bench of Justices R.V. Raveendran and B. Sudershan Reddy (since retired) directed the Centre to review its policy of compulsory universal salt iodisation programme within six months. The programme should be reviewed with reference to the latest inputs and research...

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