No proposal to revise Minimum Support Price Despite demands from Punjab, Haryana, Uttar Pradesh, Chhattisgarh and Madhya Pradesh, there is no proposal with the Centre to revise the Minimum Support Price (MSP) or announce any bonus for wheat, paddy and sugarcane crops. However, it is working towards a system of ensuring remunerative prices under which farmers do not require any concessions in future, according to Union Food and Agriculture Minister Sharad...

‘Under no circumstances the labourers should be paid less than the wage rate' Angry workers returned the Re.1-wages to the government on October 2 Rural Development Ministry considering possibility of paying bonus to workers The Centre has decided to direct the Rajasthan government to pay the admissible wage rate under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) to those workers of Tonk district who were paid a mere pittance of Re....

The Punjab government today decided to pay to the farmers the productivity bonus in lieu of the electricity bills paid by them for running agriculture pump sets. The decision was taken at a cabinet meeting chaired by Chief Minister Parkash Singh Badal. The amount equal to the electricity bills paid by the farmers would be given to them as productivity bonus, an official spokesman said here. This decision has been...

A rogue’s gallery of corrupt politicians and entrepreneurs trying to create money out of thin air.  It is impossible to quantify the level of fraud in public spending on wind energy The European wind association does not have a code of conduct for developers A big Danish firm revealed that it was the victim of a 12 million euro fraud The northern trade winds of the Canary Islands have long tempted daredevil windsurfers,...

KEY TRENDS   • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB   • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...