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Monthly WPI inflation stood at 4.68% in February

-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...

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The only good idea

-The Business Standard Government slowness may have scuttled Aadhaar With the declaration that the chairman of the Unique Identification Authority of India, Nandan Nilekani, will stand as a Congress candidate in the coming Lok Sabha elections from a constituency in Bangalore, attention has once again been focused on the Aadhaar project. Aadhaar is almost at its target of enrolling 600 million people nationwide; Mr Nilekani says that the UIDAI has now got...

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Who foots the huge dole for business? -Latha Jishnu

-Down to Earth Bad loans of public sector banks to business are more than double the food subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...

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NREGA: Effects and Implications -Nandini Nayak

-NewsYaps.com In 2005, the Parliament of India enacted a landmark legislation known as the National Rural Employment Guarantee Act (NREGA). The aim of this law, renamed ‘Mahatma Gandhi NREGA' in 2009, was to create a legally enforceable guarantee of employment for any adult from rural India willing to do casual manual labour on local public works at a statutory minimum wage. Public works programmes have long been implemented in India...

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Rajya Sabha panel for review of meat export policy -Vijay Pinjarkar

-The Times of India NAGPUR: A Rajya Sabha Committee on Petitions has urged the government to review meat export policy and recommended not to grant permission for any new slaughter house until a critical analysis by a dedicated commission is complete. It also advocated a review of policy of giving subsidies to meat exporters. The report was submitted on February 13 by a 10-member committee headed by Bhagat Singh Koshyari. MP from...

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