-The Hindustan Times The rain gods may have brought some cheer to everyone after a scorching summer, but a sense of gloom about the Indian economy appears to be building. A study by US-based Pew Research Centre has found that while just a year ago, 51% people were satisfied with the way things were in the country (and 47% dissatisfied), today, the proportions have reversed — 59% are dissatisfied and only...
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Punjab budgets for farm suicides-Sukhdeep Kaur
Punjab’s agricultural sector grew at 1.6 per cent during the 11th Plan against the national average of 3.41 per cent. The growth is tardy owing to near saturation in productivity. The rural debts in Punjab are estimated to be Rs 35,000 crore. The number of indebted rural households in Punjab is 66 per cent, third highest in the country after Andhra Pradesh and Tamil Nadu. The Government of India’s debt...
More »Govt rejects CPM land act tweak plan
-The Telegraph Industries minister Partha Chatterjee today turned down a suggestion by CPM leader Surjya Kanta Mishra to follow the Tamil Nadu model by amending the central land acquisition act to fulfil its objective of returning land to Singur’s farmers instead of battling it out in court. The leader of the Opposition also assured Chatterjee that the Left Front would support the state government in the Assembly if it agreed to introduce...
More »Survey picks holes in UPA's MGNREGA scheme-Rajeev Deshpande
-The Times of India UPA's flagship rural guarantee scheme is performing fitfully in terms of work days, wages and coverage, amply confirming rural development minister Jairam Ramesh's fears that the programme has become a scheme for digging ditches. The Mahatma Gandhi National Rural Employment Guarantee, UPA's outreach to the poor, is not meeting critical parameters and is crying out for reform with questions about the utility a Rs 36,000-crore a year budget...
More »For a universal old-age pension plan-Prabhat Patnaik
With the elderly likely to constitute a quarter of India's population by 2050, there is need for a publicly-funded, universal scheme that will overcome destitution among the aged India's social security system is woefully inadequate, when compared even to those in third world economies with no higher per capita incomes. Some States in India have fairly comprehensive social security schemes — notably Kerala, also West Bengal and Tamil Nadu — but...
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