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Markers and Supermarkets by Sukanta Chaudhuri

Some time ago, newspapers in Britain carried full-page advertisements from the curiously named British Pig Association. This consortium of pig farmers was clamouring publicly that the supermarket chains were squeezing the farmers dry. Alongside them, Britain’s dairy farmers complained that a supermarket cartel was paring down their prices, while production costs went up and up. These farmers too have powerful lobbies; they are still in business. To this end, Britain, like...

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Inequality rises in India, says OECD

-PTI   India has become "less equal over time" and earningsinequality in the country has increased significantly since the early 1990s, Paris-based think tank OECD said today. The observations are a part of OECD's report focusing on inequality patterns and related policy challenges in the emerging economies of India, China, Argentina, Brazil, Indonesia, Russia and South Africa The Organisation for Economic Cooperation and Development (OECD) is a 34-member grouping of mostly advanced nations, that...

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India's income inequality has doubled in 20 years

-The Times of India   Inequality in earnings has doubled in India over the last two decades, making it the worst performer on this count of all emerging economies. The top 10% of wage earners now make 12 times more than the bottom 10%, up from a ratio of six in the 1990s. Moreover, wages are not smoothly spread out even through the middle of the distribution. The top 10% of earners make...

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Jairam asks Jayalalithaa to make MGNREGA payments through banks by K Balchand

Union Rural Development Minister Jairam Ramesh has urged Tamil Nadu Chief Minister Jayalalithaa to route Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) wage payments through bank accounts, doing away with the practice of cash payment to workers. In a letter to Ms. Jayalalithaa, he said Tamil Nadu could become a trend-setter in seamless transfer of funds through bank and postal accounts of workers and thereby deepen financial inclusion in the...

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NREGA bears brunt of Trinamool-CPM tussle in Bengal by Sabyasachi Bandopadhyay

The Assembly elections this year, followed by squabbles and tussles between the ruling Trinamool Congress and the CPM at various gram panchayats and panchayat samitis after the regime change, have spelt doom for the Mahatma Gandhi National Rural Employment Guarantee Scheme in West Bengal. In the seven months from April 1 to October 31, only 19 days of jobs could be given to 2.55 lakh families and 4.17 crore mandays could...

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