-Press Information Bureau Preliminary Transcript of the Q&A portion of the Prime Minister's Press Conference at the National Media Centre, New Delhi Q: After the Assembly elections, much churning is going on in the UPA. Do you think the Congress should now announce its PM candidate? PM: The Congress President has already answered that question. We will announce our candidate for the Prime Ministership at the appropriate time. Q: On corruption issues which have...
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CNG price up by Rs 4.50 in Delhi, Arvind Kejriwal smells a rat -Somreet Bhattacharya & Neha Lalchandan-
-The Times of India NEW DELHI: Two days before Delhi gets a new chief minister, compressed natural gas (CNG) rates were hiked on Thursday by a steep Rs 4.50 - the second increase in three months - giving rise to the prospect of costlier public transport for Delhiites and throwing a challenge to the incoming Aam Aadmi Party (AAP) government. CNG will cost Rs 50.10 per kg in Delhi and Rs 56.70...
More »NREGA workers get wages after 2 years -Jaideep Deogharia
-The Times of India RANCHI: Labourers employed under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) would have hardly imagined that a day would come when they would be paid their wages, which were pending for more than two years now. As many as 91 labourers, who worked with the hope of supporting their families in the winter of 2010, were pleasantly surprised when they were paid not only their outstanding...
More »Nomura says slowing rural wages should bring inflation down
-PTI MUMBAI: Japanese brokerage Nomura today said with real rural wages moderating, both rural demand and inflationary pressures will moderate in the medium-term, giving the much-needed room to the Reserve Bank to lower interest rates. "Though rural wages continue to rise, the pace of growth is moderating. Growth in the average daily wage rate for agricultural labourers dipped to 13.1 per cent in August year- on-year, which is significantly slower than 18.5...
More »What Gujarat can learn from Bihar and Odisha-Himanshu
-Live Mint Not only have Bihar and Odisha grown faster they have also ensured that benefits accrue to the poorest; in Gujarat, growth has bypassed the poor Going by logic, the poor in richer states should be better off than their counterparts living in poorer states. This is especially so when the country is seeing a welcome trend: Income growth in rural areas and poverty reduction has witnessed unprecedented acceleration. Not necessarily. Not...
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