The United Progressive Alliance’s flagship scheme, National Rural Employment Guarantee Act (NREGA), could have saved the day for India when the world fought against rising job losses on account of century’s worst ever recession , says a report by the International Labour Organisation. “There has been much progress in extending social protection through NREGA, which helped in maintaining levels of consumption and poverty,” the report on Global Employment Trends 2010...

The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

Nearly 37,000 expatriate Keralites have already lost their jobs due to recession. How do you plan to combat the effect of the latest Dubai crisis on Gulf NRIs? This is not going to be on any scale as with Kuwait during the Gulf War. But nevertheless, it is a matter of serious concern. It is better to be prepared than underprepared. We are planning two schemes. One, we are constituting...

The rural population is at present estimated at 85 crores. Ten per cent of the households are completely landless. Another 52 per cent have holdings of less than 0.2 hectare. The per capita agricultural land in the rural areas has come down to 0.12 hectare. According to the National Sample Survey, the annual income of an agricultural household from farming is less than Rs 12,000 and from all sources it...

The plight of the hungry in developing countries is needlessly aggravated by farmers losing up to half of their crops after gathering the harvest, the United Nations agricultural agency said today, stressing that adequate investment and training could drastically cut the losses. The Food and Agricultural Organization (FAO) said that excessive rainfall, droughts, extreme temperatures, contamination by micro-organisms, and premature harvesting are among the causes of these post-harvest losses, which...