The Centre informed the Supreme Court on Thursday that it would soon put in place the National Food Security legislation after taking into consideration the recommendations of the National Advisory Council. This law would address the court's concerns over making foodgrains allotment to the States. Attorney-General G. E. Vahanvati told a Bench of Justices Dalveer Bhandari and Deepak Verma that pending enactment of the legislation, a committee was constituted to monitor...
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‘9.4% unemployed, agriculture accounts for less than half of all jobs’ by Amitav Ranjan
A first-ever survey by the Labour Bureau under the Union Ministry of Labour has shown that chronic unemployment — being jobless for more than six months — in India for 2009-10 stands at 9.4 per cent of the population, more than thrice the 2.8 per cent estimated by the National Sample Survey Organisation (NSSO). The survey was conducted in 300 districts among the 28 states and union territories with working class...
More »Microfinance: What's wrong with it by M Rajshekhar
The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...
More »‘NAC failed to address hunger and malnutrition' by Gargi Parsai
The Right to Food Campaign said on Thursday that it was “extremely disappointed” with the recommendations of the National Advisory Council (NAC) on the proposed Food Security Bill and that it would continue its struggle for a Comprehensive Food Security Act. Urging the NAC to “reconsider” its decisions, the Campaign said that the main objective of the proposals seems to be to minimise the budgetary and foodgrains burden of the [proposed]...
More »Wheat output may rise 1.5% on good rain by Komal Amit Gera
The worries of state procurement and storage agencies may accentuate, as the wheat crop this rabi season is likely to have a higher output this year. The Ministry of Agriculture has projected a crop size of 82 million tonnes as compared to 80.71 million tonnes last year. “Although a bonus of Rs 20 a quintal is a pittance, it will not dissuade farmers from growing wheat, as it is a stable crop...
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