Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...
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Pranab to clarify government stand on ending black money by Smita Gupta
Concerned at flak, Manmohan asks him to call press meet Prime Minister Manmohan Singh asked Finance Minister Pranab Mukherjee on Thursday to hold a detailed press conference “at the earliest” to clarify the government's position on the black money issue and what it was doing to deal with the menace. On Wednesday, the Supreme Court sought clarity from the government on how it intended to end black money, and wanted to know...
More »IMA opposes Rural Health course
The Indian Medical Association (IMA) has described as “unfortunate” the endorsement of the Union Government's decision to start a Bachelor of Rural Health course at the meeting of State Health Ministers in Hyderabad on January 12-13. Calling it a retrograde step, the IMA members said they will strongly oppose the move to produce half-baked doctors for the rural population. Association national president Vinay Aggarwal said: “This group of doctors, according to the...
More »NAC meets today to discuss key policy issues
The Sonia Gandhi-headed National Advisory Council will meet on Friday for the second time this month. It will consider a number of issues, including the Rangarajan panel’s recommendations on the draft Food Security Bill. The high-profile policy advisory body, headed by the United Progressive Alliance chairperson , may formulate its response to the governmentappointed Rangarajan panel’s recommendations, which were seen as diluting the NAC’s vision of the scope of legally binding...
More »Microfinance: misunderstood, Malegamed by MS Sriram
A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...
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