-The Business Standard NC Saxena, a former member of the National Advisory Council believes that the regulatory regime in the states continues to be oppressive. In an e-mailed interview with Aditi Phadnis, Saxena says that the fundamental problem in India is the low tax-GDP ratio and neither the last government nor the current one seems interested in increasing revenues. Edited excerpts: * The new government appears to be watering down a lot...
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MGNREGA impact on food inflation is very limited, says RBI study -Jitendra
-Down to Earth There are other factors for food price inflation, says the study commissioned in the wake of persistent double digit food price inflation between 2012-13 The rural job scheme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), which guarantees 100 days of unskilled job to rural households in a year, has been blamed by a number of economists for food price inflation. But a new study by the Reserve Bank...
More »High Rural Wages Have no Bearing on Inflation -Gayathri Nayak
-The Times of India A Reserve Bank of India paper says that the UPA flagship MGNREGA or the Mahatma Gandhi National Rural Employment Guarantee Act, under which a household is assured of 100 days of wages per year in return for working on various rural development, has not actually contributed to the rise in food inflation as generally perceived. Incidently, the Reserve Bank was among the first to point that the...
More »India climbs eight ranks in Hunger Index
-The Business Standard Successful roll-out of MGNREGA and PDS helped India get a better rank India has improved its position in the Global Hunger Index. The country climbed eight positions in the index from 63 last year to 55 this year, though it still trails nations like Malawi, Ghana and Suriname. A significant reduction in the number of underweight children as well as the successful roll-out and expansion of programmes like the Mahatma...
More »India reduces hunger, moves up 8 ranks in global index -Aditi Nigam
-The Hindu Business Line In a pat on the back for the erstwhile UPA Government's flagship programmes, the Global Hunger Index 2014 (GHI) has noted a significant improvement in the levels of hunger in India, especially among children, between 2005-06 and 2013-14. Overall, however, two billion people in the developing world are still under-nourished and suffer from ‘hidden hunger', with the situation "alarming" in 14 countries, even as the deadline for the...
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