-IANS An eerie silence welcomes me as I walk down the row of houses, not a soul in sight. I know that from every tiny window in these little brick-walled units, watchful, suspicious eyes follow my every move. They are assessing me, wondering if I am friend or foe. But then, in these thickly forested parts, the lines of distinction blurred many years ago. And their life could depend on the accuracy...
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Cap & trade, Nrega style by Subhomoy Bhattacharjee
Good sections of rural India don’t want NREGA any more, showing the government spending pattern on the scheme. Since a large percentage of the village labourers have moved to the cities, it makes far better sense to develop an unemployment dole for them. The subtext is an accounting arrangement that ensures that like NREGA, the government can keep on rolling out similar entitlement programmes like the proposed Food Security Act, but...
More »Wanted: more jobs by TK Rajalakshmi
The annual report of the International Institute for Labour Studies projects a grim future for employment prospects. WITH the United States and much of Europe grappling with the slowdown in their economies and the resultant social unrest, the publication of the World of Work Report 2011: Making Markets Work for Jobs could not have come at a more opportune moment. Brought out by the International Institute for Labour Studies, which was...
More »The mystery of the boom in farm credit by Anil Padmanabhan
The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...
More »For rich or for poor? by Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....
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