How economically sustainable is food subsidy? The cost could even be double of what the government estimates Food deprivation and malnutrition are completely unacceptable and everything has to be done to eliminate such an evil. The prevalence of malnutrition in a country like India is in itself a cause for serious concern since malnourished children may jeopardise India’s favourable demographic dividend (as per independent estimates, close to 60 per cent of...

-PTI Assam government has prepared a draft proposal to revise minimum wages for workers and employees engaged under NREGA under the relevant provisions of Minimum Wages Act, 1948. The minimum rates of wages fixed for different categories are Rs 208 per day for skilled work/clerical work and Rs 150 per day for semi-skilled/unskilled supervisory work, said an official release here today. A minumum rate of Rs 130 per day was proposed...

-Live Mint This week marks the completion of six years of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). Six years is not a long period of time for any meaningful evaluation of a programme of such nature. However, even within this short period of time, the programme has attracted considerable attention. One part of this is the criticism of how the programme involved considerable leakages, did not create productive...

-The Financial Express   The government today announced discontinuing releasing weekly primary and food inflation data based on the Wholesale Price Index. "Weekly WPI is discontinued henceforth," the Ministry of Commerce and Industry, which releases the inflation data, said. The government, however, will continue releasing the monthly headline or overall inflation data, which also contains the break-up for all segments including food, non-food, fuel and manufactured items. The headline inflation figures for January are scheduled...

Unlike the dearness allowance that accrues to the salaries of workers every six months without any hassle, the linking of National Rural Employment Guarantee Act (NREGA) wages to inflation or the Consumer Price index for agricultural wages has not led to a smooth annual revision. The revision for NREGA wages is supposed to happen every January after it was introduced last January. However, even a month into the new year, the...