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Stepping it up

-The Indian Express After 14 years, the Central government has held the minimum support price (MSP) for wheat constant at last year’s Rs 1,285 per quintal. There is, of course, still no guarantee that the price will not be changed if major producer states like Punjab and Haryana raise objections. But for now, the UPA government’s newly discovered zeal to push through another reform is heartening. It may also be useful...

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MGNREGA badly needs overhaul-V Ramakrishnan and Mukul Asher

-The Business Standard The rural jobs scheme can boost productivity in farm and textiles sector. There is mounting evidence that Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) of 2005, under which 100 days of guaranteed wage employment a year was to be provided to target households, is failing to meet its stated objectives. The total cumulative expenditure since 2005 under the MGNREGA is officially estimated to be Rs 1,50,000 crore, and the...

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Rising incomes fuel rural spending on proteins

-The Times of India Rural India is spending more on protein products such as milk, eggs and meat due to rising income as overall spending by Indians on protein foods doubled to Rs 2 lakh crore in 2009-10 from 2004-05, a study showed on Monday. The study by ratings agency Crisil said that two-thirds of this spending came from rural households. But while more rural Indians are getting protein in their diets,...

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Rising food prices kept 8 million Indians chained to poverty: UN report

-The Times of India Rising food prices during 2010-11 may have pushed three million Bangladeshis into poverty, and kept eight million Indians from getting out of poverty bracket, finds a UN report released on Thursday. In Asia and Pacific region, food inflation pushed nearly four million people into poverty. The UN Economic and Social Commission for Asia and the Pacific ( ESCAP) report on regional cooperation for inclusive and sustainable development says...

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FDI in Retail: A Low-down on the Falsehood over an Exclusionary Policy-Kamal Nayan Kabra

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...

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