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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra

-Live Mint   A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...

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Nabard supports 46 projects to create rural jobs-Gireesh Babu

-The Business Standard   Of the 46 projects, some have been scaled up after completion of pilot projects Chennai: The National Bank for Agriculture and Rural Development (Nabard) has supported 46 innovative projects, through its Nabard-SDC Rural Innovation Fund (RIF), as on February 2014. The fund was set up jointly with the Swiss Agency for Development and Co-operation (SDC). These projects were sponsored so as to create more jobs in the rural areas...

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Breaking the yoke-Vishwanath Kulkarni

-The Hindu Business Line   Technology is transforming Indian agriculture and increasing output. This is good news, given that India may need to produce 90 million tonnes of foodgrain annually by 2030 to feed its growing population, says Vishwanath Kulkarni Jitendra, a prosperous farmer from Machrauli in Haryana, had barely hired a combine to harvest wheat on his 10-acre plot when clouds started building up. The weather office had predicted rains over the...

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‘Jobless growth’ no more-Santosh Mehrotra

-The Hindu   Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...

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Bihar has little money to pay workers under MGNREGS -Alok Gupta

-Down to Earth   Blames Centre for non-release of funds Bihar has very little money to pay people under the Central welfare scheme that guarantees 100 days of employment to the rural poor in a year.   Central government's reluctance to release funds under its Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is said to be the main reason for the crisis. Nitish Mishra, Bihar's rural development minister, told Down To Earth that the...

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