-The Times of India Fears that policy paralysis will continue after the Congress party's poor show in the Uttar Pradesh assembly elections unnerved investors, and the sensex lost 190 points on Tuesday to end the day at 17173, its worst close in six weeks. The trepidation in the markets also affected shares of a few Anil Ambani-promoted Reliance Group companies, even though they were actually expected to gain because of the...
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Steep petrol price hike in the offing?
-The Times of India With elections in five states out of the way, the government-run fuel retailers on Monday ratcheted up their demand for an increase in petrol prices by as much as Rs 5 a litre. The demand could leave the government with a political cleft stick, coming on the day Congress received a severe drubbing in the assembly polls. Piling losses of state-run firms appear to leave little choice for...
More »'For women, toilets more important than mobiles'-Shahnawaz Akhtar
-IANS For a woman, a toilet is more important than a mobile phone, but men don't understand that, feels Anita Narre. She is the 20-year-old tribal whose rebellion not only ensured a toilet in her marital home but ushered in a sanitation revolution in a backward region of Madhya Pradesh. Last year in May, she had left her in-laws house in Ratanpur village of Betul district after barely two days of marriage...
More »Here’s evidence that NREGA is actually destroying jobs by R Jagannathan
Is the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) a poverty buster? Or is it a job destroyer? The answer seems to be both, though the scheme of late, has been bedevilled by corruption and many states have lost their enthusiasm for it, forcing the rural development ministry to revamp the scheme last week (read here about the changes). While the scheme has been attacked for many reasons – bloating rural...
More »New approach to Nrega as it runs out of steam
-Rediff.com Even while the UPA Government is pushing for two more flagship programmes of food for all and medicines to all, its first flagship programme of the Mahatma Gandhi National Rural Employment Guarantee Act (Nrega) is losing steam. More than 40 per cent of the Rs 40,000-crore (Rs 400 billion) budget sanctioned for it during 2011-12 remained unspent until December, prompting the Finance Ministry to propose a reduced budget for it in...
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