Over five crore Mahatma Gandhi NREGA workers across the country will enjoy a 17 to 30 per cent rise in wages with their wage rate being linked with the consumer Price Index for Agricultural Labour(CPIAL) with immediate effect. The Ministry of Rural Development issued the notification in compliance with the directives of Prime Minister Manmohan Singh who had, however, differed with NAC chairperson Sonia Gandhi's recommendation for a hike in statutory...
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'Pulses' high consumption, low output to hit food security'
India could face serious problems in providing food security, if the present gap between the consumption and production of pulses is not filled, according to a report by industry body Assocham. "If the production of pulses in the largest producing nation dips, it becomes difficult for the global markets to fill up the gap," Assocham said in a statement today. India is world's largest producer and consumer of pulses. However, still there...
More »Indian consumers fight weak laws, slow courts by Rama Lakshmi
In a packed special court that hears consumer complaints, Hansraj Sharma nervously shuffled through a pile of papers that told the story of his decade-long battle against a car dealer and a bank. District and state-level consumer courts twice sided with Sharma, awarding him $800 for a shady loan scheme. But the defendants repeatedly appealed. Now, after 58 court appearances, his case still drags on. "They keep asking for adjournment on some...
More »Food subsidy bill may rise by Rs 25k crore
The food subsidy bill for 2010-11 could shoot up by nearly Rs 25,000 crore to touch Rs 80,000 crore, putting further pressure on the government’s finances, a food ministry official said on Tuesday. The government has budgeted Rs 55,578 crore for the current fiscal. The sharp increase in the subsidy is because of higher minimum support price ( MSP )) for crops and the government holding food stock that are nearly three times...
More »PM rejects NAC's recommendation on minimum pay by Rukmini Shrinivasan
Prime Minister Manmohan Singh has shot down the Sonia Gandhi-headed National Advisory Council's recommendation that the National Rural Employment Guarantee Scheme (NREGS) workers be paid the minimum wages set by states. The prime minister, in his December 31 letter to the UPA chairperson, clarified that the wage rate fixed by the central government would be indexed to inflation but not linked to the Minimum Wage Act. The PM's letter says...
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