-The Business Standard Centre keeps close watch, prays for rain revival; area under paddy, coarse cereals at 5-year low till now With the southwest monsoon's progress a worry, the Union department of agriculture is keeping a close watch on 38 districts across the country where the rainfall condition till June has been alarming and chances of drought are the highest. The assessment is based on rainfall in June and the first few days...

-The Telegraph C. Rangarajan today defended his calculation that three out of 10 in India are poor, saying the poverty numbers provided by him were not conservative estimates and the methodology was on a par with global standards. The expert group headed by Rangarajan dismissed the Suresh Tendulkar committee's methodology and estimated that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population. The BJP-led...

-The Pioneer Citing security reasons, State Governments have rejected the Centre's proposal to dole out cash to the MGNREGA beneficiaries in the villages having poor network of internet or banks and post offices in the country. Sources in the Union Rural Development Ministry, which is executing the MGNREGA scheme, said that the Central Government had recently asked the States to identify 800-1,000 blocks where rural job workers have not been able...

-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...

-The Hindu Business Line   Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means Construct a building, demolish it, reconstruct, break it down again, and go on repeating this meaningless exercise. You will have economic growth, as currently measured. But no net gain in employment during the endless cycle of construction and demolition, no net increase in productive capacity, and no appreciable change in poverty...