The rural development ministry has expressed its reservations on linking wages paid under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with minimum wages mandated by states for farm labour. In an internal note, which was reviewed by Mint, the ministry said such a step could lead to the states upwardly revising minimum wages for farm labour, an increased burden that the Central government then would have to bear. The ministry,...

The NAC proposals for the food security bill are narrow and lack in vision. What is needed is a comprehensive bill with universalisation of PDS and a focus on child malnutrition.   There was much excitement when food security became one of the issues in the manifestos of most major political parties in the run up to the 2009 General Elections. With burgeoning food stocks, double-digit food inflation, stagnant malnutrition rates, declining...

The Director-General of the U.N. Food and Agriculture Organisation, Dr. Jacques Diouf, announced at the Inter-Governmental Committee on World Food Security (CFS) that the combination of global food crisis and economic recession had taken the number of people affected across the world to over one billion. He described the number as “unacceptably high,” higher than in 1996 when the heads of states and governments committed themselves to reducing hunger by...

With a double-digit food inflation, the increasing food prices will be the biggest concern for Indians over the next six months, a survey released here said Monday. According to the Nielsen Global Consumer Confidence Index , China tops the countries concerned over increasing food prices with 36 percent of consumers in China voting it as the biggest concern over the next six months. India is fifth on the list of countries where...

The new consumer price indices set to debut in January will be compilations of indices for states that reflect the price trends prevailing in the country accurately, helping policy formulation and targeted intervention. Each state will have two consumer price indices, one for rural and another for urban areas. These CPI rural and urban will be added up to arrive at urban and rural retail indices at the national level. These...