-The Financial Express The government today announced discontinuing releasing weekly primary and food inflation data based on the Wholesale Price Index. "Weekly WPI is discontinued henceforth," the Ministry of Commerce and Industry, which releases the inflation data, said. The government, however, will continue releasing the monthly headline or overall inflation data, which also contains the break-up for all segments including food, non-food, fuel and manufactured items. The headline inflation figures for January are scheduled...
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Revised rural job scheme wages only by April by Sreelatha Menon & Dilasha Seth
Unlike the dearness allowance that accrues to the salaries of workers every six months without any hassle, the linking of National Rural Employment Guarantee Act (NREGA) wages to inflation or the consumer Price Index for agricultural wages has not led to a smooth annual revision. The revision for NREGA wages is supposed to happen every January after it was introduced last January. However, even a month into the new year, the...
More »UPA signals intent to deregulate sugar industry by Sangeeta Singh
The Congress-led United Progressive Alliance (UPA) on Friday signalled its intent to deregulate the sugar industry, a move that could potentially stoke a political backlash, especially at a time when states like Uttar Pradesh, Punjab and Uttarakhand—all sugarcane-growing regions—are in the middle of an election campaign. The opposition claimed that not only was it anti-farmer, it also violated the electoral code of conduct prevalent in five states, while sugar stocks of...
More »Govt firm on decision to ban ex-Isro chief Madahavan Nair by Rajeev Deshpande
Government has decided to blacklist India's moon mission man Madhavan Nair and three other scientists after the former Isro head was held culpable for his role in spectrum worth Rs 15,000 crore being given for Rs 1,000 crore to private firm Devas. Two inquiries ordered by the government concluded that Nair had seriously erred in withholding details of the agreement between Isro's commercial arm Antrix and Devas for use of S-band...
More »UID as User’s ID by Ila Patnaik
The government appears to be working towards an amicable solution on the question of who can collect biometric information data for the Indian population. There has been disagreement about whether this will be done by the UIDAI headed by Nandan Nilekani, or the National Population Register headed by Home Minister P. Chidambaram. It now seems that both may continue to collect data but share its use. When any country sets about...
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