The Ministry of Tribal Affairs (MoTA)'s plan to introduce a Minimum Support Price (MSP) mechanism for 13 items of minor forest produce (MFP) has been approved by the Planning Commission. Sources in the Ministry told The Hindu that a detailed financial proposal would be sent to the Expenditure Finance Committee of the Finance Ministry by June 7 after which it would go to the Cabinet. Union Minister Kishore Chandra Deo, who...
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India needs to design proper pension programme to alleviate poverty of elderly-Neeraj Kaushal
-The Economic Times For nearly two decades, the Government of India has implemented a stingy pension programme for the elderly poor. "An insult to the dignity" of the elderly is how rural development minister Jairam Ramesh describes the pension amount of Rs 200 per month given under the Indira Gandhi National Old Age Pension Scheme (IGNOAPS). A few states provide a somewhat generous supplemental pension, most provide a tiny supplemental amount, some...
More »Why FCI doesn’t buy grain futures-Ruchira Singh
Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...
More »Economic benefits must reach Adivasis: Jairam-Prafulla Das
Maintaining his pro-Adivasi approach, Union Rural Development Minister Jairam Ramesh on Monday said the time had come to make changes in the country's economic policy keeping the interests of the Adivasi population in view. “Though the country has achieved enough economic progress, the benefit of our economic policy has not reached the Adivasi people so far. The injustice done to the Adivasis needs to be corrected with concern and care,” Mr....
More »MNREGA a failure in Karbi Anglong
-The Assam Sentinel DIPHU: The Mahatma Gandhi National Rural employment Guarantee Act (MNREGA), was introduced with an objective to provide legal guarantee of 100 days of wage in a financial year to every rural household, whose adult members volunteer to do unskilled manual work at the minimum wage rate as has been prescribed for agricultural labour in the State. However, instead of helping the poor in their uplift, MNREGA has become a...
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