-The Times of India The Union Cabinet on Thursday cleared setting up a national level social security fund for unorganized workers. The proposed National Social Security Fund will have an initial corpus of Rs 1,000 crore and will benefit 43.3 crore workers in the unorganized sector. Unorganized workers form the most significant part of total workers in the country and suffer from cycles of employment and absence of social security...
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Vote-catching MGNREGS to be revamped by Smita Gupta
New-look programme to be rolled out in 2,000 most backward blocks within a year As part of a coordinated and aligned initiative, the Sonia Gandhi-led National Advisory Council, a re-energised Union Rural Development Ministry and the Planning Commission are working in tandem to make up for the time and money lost due to the underperformance in UPA-II on the government's flagship programme, the Mahatma Gandhi National Rural Employment Guarantee Scheme. Even as...
More »NAC proposals to strengthen MGNREGS by Smita Gupta
The Sonia Gandhi-led National Advisory Council (NAC) — at the initiative of which the Mahatma Gandhi National Rural Employment Guarantee Scheme was rolled out in UPA-I — is taking a fresh look at how to strengthen it. The NAC wants the scheme to move from its “relief work mode” to one that would blend “natural resources and labour to build productive assets.” When the NAC meets here on Thursday, the Deep...
More »Food security to create permanent wheat shortage by Nidhi Nath Srinivas
From next year, atta,bread,biscuits ,snacks and everything made from maida and sooji will become seriously more expensive. Even after a bumper crop, there just won't be enoughwheat for us. ET helps you join the dots. The trigger for wheat inflation that will hit each one of us is the Food Security Act, which kickstarts next year. The Food Corporation of India (FCI) will need substantially more wheat to supply three...
More »Food subsidy bill shoots up by a whopping of Rs 34,738 cr by Prabha Jagannathan
The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the Budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....
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