-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...
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MGNREGA’s second innings-N Chandra Mohan
-The Business Standard Implement it with watershed development schemes to alleviate poverty The United Progressive Alliance government appears to be upbeat regarding the prospects of its flagship scheme, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which provides a universal, self-targeting guarantee of 100 days of employment to every household in all rural districts of India. “MGNREGA has tremendous potential to increase agricultural production, which we have not been able to...
More »Food bill needs to be strengthened: Amartya Sen
-Pratirodh.com Speaking to an enthralled audience of 1,500 students and faculty at IIT (Delhi) , Nobel laureate Amartya Sen said that the idea of the National Food Security Bill was “a matter of appreciation and support”, and that the tabling of the Bill in Parliament was in itself a big achievement. However, he also drew attention to various shortcomings of the Bill and argued for it to be strengthened, particularly in...
More »Govt needs extra Rs 20,000 crore to implement Food Security Bill
-Reuters Food minister K V Thomas says the current cost of the food subsidy is Rs 1 lakh crore India needs a Rs 20,000 crore top-up for its proposed Food Security Bill, aimed at ensuring subsidised grain for the poor, Food Minister KV Thomas said on Thursday, even as the government is seeking deep spending cuts. The bill will be introduced in the budget session of Parliament which begins on February 21. The...
More »Cash transfers to tame food price spiral-Ashok Gulati and Shweta Saini
-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, wheat prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...
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