-TheWire.in "Lack of funds results in suppression of demand for work and delayed payment of wages to workers. These are violations of the Act; they also constrain economic recovery." New Delhi: A group of 80 economists and other academics has written an open letter to Prime Minister Narendra Modi, requesting him to immediately release adequate funds for the Mahatma Gandhi National Rural Employment Guarantee Act. As employment and wage levels struggle to...
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Value in the weed: Profit potential of green and leafy bathua -Vibha Varshney
-Down to Earth Bathua is in demand for its nutrition and taste. Improved varieties of the weed can make it popular among farmers Come winters, and vegetable markets in Delhi are flooded with varieties of leafy greens. Among these vegetables is one hitherto unwanted weed, foraged from wheat fields. Commonly known as bathua in Hindi, cheel bhaji in Gujarati, paruppu keerai in Tamil, chandanbethu in Bengali and vastuccira in Malayalam, this weed is...
More »Is Gurugram going the Kolkata way? -Kanika Datta
-Rediff.com Militant labour policies compounded a Poor security environment for capital in West Bengal and encouraged the business community to relocate. constraining the private sector’s right to hire freely could well be the coup de grace. As with Calcutta/Kolkata, it will probably take a decade for Gurgaon/Gurugram to feel the difference, says Kanika Datta Gurgaon, the city that accounted for a significant amount of Haryana’s GDP long before it became Gurugram, is...
More »India resists rich nations’ attempt to ‘divide’ developing nations, LDCs -Amiti Sen
-The Hindu Business Line Against postponing resolution and plans to expand provisions for LDCs alone India is resisting attempts by developed nations to “draw a wedge” between developing countries and LDCs in the ongoing negotiations for subsidising public stockholding programmes at the WTO, under the garb of offering an early resolution, and has asked Poorer nations not to fall into the trap. “At the WTO agriculture committee on Monday, some developed nations, such...
More »Richest 20% facing more inflation than Poorest 20%: Crisil
-PTI/ The Hindu The Crisil argument is based on the fact that the burden of inflation varies across different income groups, as the share of spending on food, fuel, and core categories differ across classes Extrapolating the retail inflation print for October, which inched up on-month to 4.5% from 4.3% in September, but steeply declined from 7.6% on-year, Crisil says the richest 20% of the population, who pay more on non-food or...
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