Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) completes five years since its launch tomorrow. In order to commemorate the completion of the fifth year of the National Rural Employment Guarantee Act, the Ministry Of Rural Development is organizing Mahatma Gandhi NREGA Sammelan on Wednesday, the 2nd February ,2011 . Five years ago on the same day, the scheme was launched from Anantapur district in Andhra Pradesh with the objective...

Indian cotton was once infamously plundered by the British to benefit their finished goods economy back home. The world-famous Dhaka muslin were woven with desi cotton. But while the foreign regime kept the Indian cotton alive, albeit for its own gains, independent India presided over its complete decimation. However, after about 50 years of domination of American cotton that had edged out the desi varieties for long, the Indian Council of...

The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

Expressing his "helplessness" on high food inflation, Union agriculture minister Sharad Pawar today said the farmers must get right value for their produce so that they are encouraged to increase production of essential farm commodities to rein in price rise. He, however, said that it was states' responsibility to ensure proper distribution of food grains to the people through ration shops while the Centre is responsible for production, procurement and moving...