-The Hindu Business Line A CAG report has laid bare the fact that rice millers have for decades reaped undue gains even as they failed to replenish the national food stock Much like rice spilling out of a tear in the sack, the country’s food procurement system has been leaking crores of rupees every year and impoverishing the government. Last week, in a report presented to Parliament the Comptroller & Auditor General (CAG)...
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India Inc needs more time to spend meaningfully -Radhika Merwin
-The Hindu Business Line Indian corporates are just settling in to the regime of mandatory spends on CSR activities. The Centre has so far been lenient and has allowed them to spend less than the required amount as long as they disclose the reason. Many companies, which have fallen short, have listed a variety of reasons for this short-fall. This varies from the need for more time to identifying the right CSR...
More »UP shows way in direct subsidy payment to farmers -Harish Damodaran
-The Indian Express Uttar Pradesh farmers have taken well to direct benefit transfers, though there are doubts if it can be extended to fertilisers. Akhilesh Yadav’s government in Uttar Pradesh is turning out to be a pacesetter in implementation of direct benefit transfers (DBT) to farmers. Farmers in UP got Rs 28.60 per quintal from the state government for the sugarcane they supplied to mills during the 2014-15 crushing season. The payments, totalling...
More »Smaller farms, lack of jobs push farmers to move to cities
-Business Standard Looking at economics behind agricultural households, a survey notes that 68.3% of such households still relied on agriculture as primary source of income Rural distress is a known story but a survey by NSSO has revealed the alarming level of fragmentation in farmland and unavailability of jobs. As many as 69 per cent agricultural households own less than a hectare of farmland each, making farming unviable and forcing migration to...
More »Machines set to foray into job scheme -Basant Kumar Mohanty
-The Telegraph New Delhi: The national rural employment scheme is set to allow use of labour-displacing machinery in all activities in a move that, social activists say, would defeat the objective of guaranteed 100 days' work to a rural household. The rural development ministry is set to amend its guidelines under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to allow use of machinery such as JCBs, rollers, mechanical mixers and...
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