State governments will have to abide by stricter rules to receive money from the centre for the rural employment scheme in the next financial year 2011-12. The centrally sponsored Mahatma Gandhi National Rural Employment Guarantee Scheme ( MGNREGA )) has been one of the biggest Drivers of rural consumption in the country. Stricter measures of fund release might lead to lower transfer to states at a time when high interest rates are...
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Growth as tool to alleviate poverty
The Prime Minister's focus on double-digit growth is not due to any ‘growth mania'. It is for the benefit of the poor. At a recent function for police officers, the Prime Minister observed: “If we don't control Naxalism, we have to say goodbye to our country's ambition to sustain a growth rate of 10 to 11 per cent per annum.” Some commentators (like Prof Prabhat Patnaik of JNU) interpret this (in a...
More »Skewed sex ratio will negatively impact society: Pratibha`by Rajesh Ahuja
Stating that there were “fewer women then men in India,” President Pratibha Patil on Thursday cautioned that if this trend continued it would have a negative impact on society. Punjab and Haryana were already seeing the “implications,” she said delivering the Dr. V.N. Tewari Memorial Oration on ‘Women as Drivers of a rising India' at the Panjab University here. The President said: “An agenda for empowerment of women should cover gender needs...
More »Agriculture and allied sectors get 14,744 cr by Jacob P Koshy
Although rising food prices remain a critical concern, finance minister Pranab Mukherjee is counting on better supply management, improved output of pulses and rice, better access to rural credit and strengthening of existing agricultural schemes to bolster India’s farm output. The rural economy employs about 60% of India’s work force, contributes about 17% of gross domestic product, and is expected to post 5.4% growth over last year, according to advanced estimates...
More »Jaitapur project affected to meet CM by Meena Menon
In a last-minute change of plans, protesters opposed to the Jaitapur nuclear power project will now meet Maharashtra Chief Minister Prithviraj Chavan on Saturday and address the public meeting. Till Friday evening, they had decided to boycott the Chief Minister's meeting to show their staunch opposition to nuclear energy.However, at a meeting in Madban near the project site, Pravin Gavankar from the Janhit Seva Samiti and members of various anti-nuclear...
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