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Does good monsoon mean big consumption boost? -Mayank Mishra

-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

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Farmers unhappy over ‘meagre’ hike in paddy MSP -KV Kurmanath

-The Hindu Business Line Citing Swaminathan panel formula, farmers ‘reject’ MSP Hyderabad: Farmers associations and agri-economists are angry over the “meagre” hike in the minimum support price (MSP) for paddy, pulses and other crops.     The government on Wednesday announced a hike in the MSP of Rs. 60 a quintal for paddy and Rs. 425 for pulses, far below the farmers’ expectations. Swaminathan panel formula The hike in the MSP falls well short of the...

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Denied your rightful wages? Dial 1800-1800-999 for help

At the Labour Line office of Aajeevika Bureau situated at Syphon Chouraha on Bedla Road in Udaipur, Santosh Poonia said that 12,926 calls were received by his office between August 2011 and March 2016, out of which almost 37 percent were payment-related grievance calls. During the same time-span, 2,008 payment-related cases (as received by the Labour Line office) could be settled. Poonia, who is Programme Manager (Legal Education and Aid...

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The MGNREGA index -Shobhit Mathur & Nomesh Bolia

-The Hindu Figuring out key parameters on which to measure a State’s performance provides a playbook of best practices for others to follow. The Mahatma Gandhi National Rural Employment Guarantee Act of 2005 (MGNREGA) aims at “enhancing the livelihood security of people in rural areas by guaranteeing 100 days of wage-employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work.” In the financial year...

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INDIA FOCUS: Drought and drinking water shortage. More than one-third of India is affected. Click here for info and links.

Situation alarming: More than one-third population hit by drought   The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...

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