Pawar announces mega plans for mechanisation in 12th Plan Faced with farm labour shortage following the introduction of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), Agriculture Minister Sharad Pawar on Wednesday announced mega plans for mechanisation in the 12th Five-Year Plan. “With the successful implementation of the MGNREGS and other anti-poverty programmes, there is now pressure on the availability of farm labour,” Mr. Pawar told senior journalists at the Economic...

-News on Air In Jammu and Kashmir an amount of 186 crore rupees has been spent upto September this year under the Centrally sponsored scheme of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), thereby generating 38,337 works which provided 9, 18, 008 households with job cards. This was stated by J&K Minister for Rural Development, Ali Mohammed Sagar at a review meeting convened in Srinagar to oversee the implementation of various...

Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. In much of the rest of the world, inclusive growth would mean giving the poor and marginalised a direct stake in the economy with fast-growing industries and services absorbing them into gainful Employment and, thus, making them true participants and partners in the growth process.  But in India, we...

Used to getting jobs done through contracts, government department assigned budgets under rural Employment guarantee schemes have failed to use earmarked funds, while job card holders in the countryside are making the best of what is available. Government documents showed that of the Rs 880 crore funds available under MNREGA for Himachal in 2010-11, ten line government departments under the flagship programme had spent only Rs 15.57 crore till September. Besides a...

-The Economic Times   Chief economic advisor Kaushik Basu has said that part of the blame for the sustained high inflation in India must go to rising wages.  Basu believes that labour cost differences between the developed and labour-surplus countries such as India that have been in existence for a long time have now started narrowing which is feeding into higher prices within the country.  "The reason for inflationary pressures in India is that...