The new era of price rise can be turned into a profitable proposition for the farmer. The decade that passed can safely be called agrarian. For good or bad reasons, the world spent the decade talking about agriculture. Food grain price rise was the talking point across the continents. To note a landmark, the decade ended an era of cheap food. After the food crisis in 1974 there was a continuous...

Favours subsidised foodgrains only for poor The C. Rangarajan Committee on the proposed food security bill favours legal entitlement of subsidised foodgrains to the poor (below the poverty line), but has rejected the National Advisory Council's recommendation that above the poverty line (APL) households be partially covered, saying it is not feasible at the current levels of grain production and procurement. “The assured delivery of subsidised foodgrains be restricted to the really...

The question raises fundamental issues about the MGNREGA’s centralised template and poor delivery mechanism, but it is important to provide a legal basis to its wage structure to protect it against inflation. We need to remember that the way the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was originally conceived, wages were never meant to be equal to the minimum wages; they should have been lower. This is because the...

One more effort to make government reconsider objections The Sonia Gandhi-headed National Advisory Council (NAC) has decided to stick to its recommendations made on the draft National Food Security Bill at its meeting on October 23 last, though these have been rejected by a government committee led by C. Rangarajan, who heads the Prime Minister's Economic Advisory Council. The committee was constituted by Prime Minister Manmohan Singh to examine the feasibility of...

The Union government recently indexed the wages of workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to the consumer price index for agricultural labour (CPI-AL). The step, aimed at boosting the purchasing power of workers, came in the midst of a controversy over the government not linking wages under MGNREGS to the minimum wage under the Minimum Wages Act, 1948. The wage hike, ranging from 17-30%, is likely...