-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
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UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
More »Cong fails to capitalise on MGNREGS success in TN -R Sathyanarayana
-Deccan Herald Chennai: Once the source of her livelihood, the farmland 51-year-old Vellamal owns in Kallupatti village near Tamil Nadu's Karur district has gone completely dry in the last one year due to monsoon failure. The rapidly depleting groundwater forced her to abandon agriculture and Vellamal, left high and dry, signed up to Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). Now, the scheme feeds her entire family. As Deccan Herald toured...
More »Saving for rainy days -Savvy Soumya Misra
-Down to Earth People of West Bengal's Sunderbans region are setting up grain banks to safeguard against food crisis Subedan Bibi's mud hut is a few metres from the banks of the Bakchara river, a distributary of the Hugli in Sunderbans region of South 24 Parganas. When the river is in spate she and most others of Goyadham village move to the main market in the nearby block. "Floods and storms destroy...
More »Teach them to fish
-The Financial Express MGNREGS fails to deliver on even its own targets Given how less than a tenth of households applying for jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) have ended up getting the guaranteed 100 days of workin FY14-the figure was 14.5% in FY09-it is obvious the scheme is failing under even its own stated goals. At a time when both economic growth and jobs creation is...
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