-The Hindu Chennai: Several leading economists have appealed to Prime Minister Narendra Modi to continue with the Mahatma Gandhi National Rural Employment Guarantee Act amid apprehensions that the government might restrict the programme and not offer it adequate support. In a letter to Mr. Modi, Dilip Abreu, Pranab Bardhan, V. Bhaskar, Ashwini Deshpande, Jean Dreze, Maitreesh Ghatak, Jayati Ghosh, Dilip Mookherjee, R. Nagaraj, Debraj Ray and others argued that despite numerous hurdles,...
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Economists petition Modi against dilution of MGNREGA
-The Business Standard Alarm bells on rural jobs guarantee law A group of around 30 economists from India and abroad have written a letter to Prime Minister Narendra Modi, asking him to ensure there is no dilution or restriction of the provisions of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). They have argued the scheme has wide-ranging social benefits, beside creation of productive assets. They have said corruption was and remains...
More »Right to life overrides right to do business, Supreme Court rules -Dhananjay Mahapatra
-The Times of India NEW DELHI: Right to life outweighed right to do business with the Supreme Court on Monday rejecting State Bank of India's petition challenging an Allahabad high court order directing sugar mills in Uttar Pradesh to sell the sugar stock hypothecated to SBI against loans to pay sugarcane farmers' dues. Sugar mills had taken loans totaling Rs 3,000 crore from SBI by hypothecating their sugar stock. Under law, the...
More »Food security: India toughens stand at WTO -Amiti Sen
-The Hindu Business Line Will seek removal of restrictions in ‘peace clause' India has decided to strike a harder bargain on food security at the World Trade Organisation than it did in July. It wants restrictive conditions attached to the use of the peace clause dropped. New Delhi, which had wanted the ‘peace clause' offering protection against retaliatory action for breaching farm subsidy caps extended indefinitely in return for support to the trade...
More »UN-backed forum spotlights civil society's role in fighting hunger, developing food policy
-United Nations The United Nations Food and Agriculture Organization (FAO) today kicked-off a two-day meeting focusing on civil society's role in giving a voice to the hungry and how best to improve a multi-stakeholder approach to food security and nutrition policy development at national, regional and global levels. "Reaching consensus is important because it will make us move faster and because we need results in the short term," said Graziano da Silva,...
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