The government put out a promised new price index on Friday that will capture changes in prices of goods and services sold at the retail level, helping the government and the central bank get a better grip on policy tools while tackling inflation. Central banks world over rely on retail prices while framing monetary policy, but the Reserve Bank of India has had to consider mostly the wholesale price index...
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CPI shows maximum rise in Kerala, Orissa and Meghalaya in Jan
While inflation has been hitting people hard across the country, the rate of price rise has been the most in Kerala, Orissa and Meghalaya, as per government data released today. In all three states, the consumer price index (CPI) overall stood at 108 in January from a base of 100 in 2010, suggesting inflation of 8 per cent. Incidentally, even richer states like Maharashtra, Gujarat, Haryana, Delhi and Punjab reported a...
More »Ministry wants more money for rural job guarantee scheme by Ruhi Tewari
The ministry of rural development has demanded a nearly 60% increase in the allocation for its marquee job guarantee scheme in the forthcoming Union budget for fiscal 2011-12. The ministry has sought an allocation of around Rs. 64,000 crore, up from Rs. 41,100 crore, for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), a ministry official said, requesting anonymity. MGNREGS, the flagship programme of the Congress-led United Progressive Alliance (UPA) government...
More »Caste divide by S Dorairaj
Tensions run high within the Christian community in Thachur village, and the government has adopted a hands-off approach for now. THE wrinkles on S. Royappan's face are a result of advancing age, but the ridges and furrows in them tell a story of humiliation of this Dalit Christian, as also others like him. Royappan, 82, was a bonded labourer, or padiyaal, in Thachur village in Tamil Nadu's Kancheepuram district, but...
More »Increase sought in budgetary allocation for tribals
The Adivasi Adhikar Rashtriya Manch (AARM) has urged Union Finance Minister Pranab Mukherjee to ensure that the allocation for the Tribal Sub Plan (TSP) in this year’s budget is increased to 8.4 per cent, in keeping with the strength of the tribals in the country. They stressed that the shortfall on this account was over Rs 27,000 crores in the last two years. Members of the AARM, which works among tribal...
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