The rural development ministry has expressed its reservations on linking wages paid under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with minimum wages mandated by states for farm labour. In an internal note, which was reviewed by Mint, the ministry said such a step could lead to the states upwardly revising minimum wages for farm labour, an increased burden that the Central government then would have to bear. The ministry,...

The CAG indicts Uttarakhand for pursuing hydel power projects indiscriminately without concern for the environment. IN a severe indictment of the Uttarakhand government, the Comptroller and Auditor General (CAG) of India said it was pushing the State towards a major environmental catastrophe by following a highly ambitious hydropower policy. In a report titled “Performance Audit of Hydropower Development Through Private Sector Participation”, which was released recently, the CAG substantiates the allegations...

At least 29 of the 66 migrants crushed to death in east Delhi when a building collapsed on Monday night hailed from Bengal. The figure signposts the exodus of an abandoned generation and the inability of a state to retain its young or equip them for a better life elsewhere. The death of so many Bengalis has brought out in the open troubling issues that policymakers — both in the state...

The food distribution agencies of states across India have failed to lift the desired quantities of foodgrains under the additional allocation made recently for the Public Distribution System, says the Food Corporation of India (FCI), the central government’s procurement and storage agency. FCI sought instructions from the Centre in September to offload an additional 2.5 million tonnes for the PDS as a consequence of the reports about poor storage and rotting...

Amid the heat and dust over high interest rates charged by microfinance institutions and reports of coercive recovery methods by some lenders in Andhra Pradesh, MFIs in eastern India are trying to strike a more cordial note with borrowers by lowering interest rates. At least three MFIs based out of Kolkata are on the verge of slashing lending rates by nearly 500 basis points to 19.1% per annum, on reducing balance...