The state government has proposed to spend more than Rs7,300 crore on the ailing agriculture sector — in desperate need of assistance after registering negative growth in the previous financial year — and on irrigation. However, this may not translate into direct assistance to farmers. Moreover, this year’s state budget continued to neglect dry land farming – which is of serious concern in view of erratic weather conditions – and has...

The wages under the government's flagship rural employment scheme have risen following adjustments for price rise, creating apprehension that this may add to the inflationary pressures by making farming more expensive.  The government had early last year benchmarked wages under the Mahatma Gandhi National Rural Employment Guarantee Act to retail inflation to ensure a real wage of Rs 100 a day to workers seeking employment under the scheme.  Under the first such...

Methodology error, intentionally manipulated data of poor quality and perilous local level political partiality is making the life of poor miserable and proved time and again that ‘any initiative for the poor tends to be a poor initiative.’ The erroneous way of assessing multi-dimensional indicators for locating the poor without making any distinction between facilities self-created by someone against facilities created through government schemes is nothing but an attempt to hide...

The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...

The Planning Commission is back in the news. The latest round of poverty levels that have been disclosed have created another debate in the country. Once more, people are stunned at the meager rate of Rs 28 that has been defined as the poverty line. Even though I addressed some apprehensions in an earlier post, this time around the issue seems to be more about myths, perceptions and lack of...