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Rains, incomes & food: Good monsoon this year is bad news for India -Himangshu Watts

-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...

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Bihar government rolls back cut in MGNREGA minimum wage-Alok Gupta

-Down to Earth The decision to reinstate Rs. 162 minimum daily wage follows protests and litigation The Bihar government has rolled back its decision to curtail minimum wages for Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) beneficiary labourers, even as Karnataka and Andhra Pradesh have approached the court on the same issue. The decision to reinstate a minimum daily wage of Rs 162 was taken at a cabinet meeting, officials said. The...

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The modest food security Bill-Jean Drèze

-The Business Standard The right to food is finally becoming a lively political issue in India. Aware of the forthcoming general elections, parties are competing to demonstrate - or at least proclaim - their commitment to food security. In a country where endemic undernutrition has been accepted for too long as natural, this is a breakthrough of sorts. The food security Bill is a modest initiative. It consolidates various food-related programmes and...

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Food bill not to hurt coffers

-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...

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When incomes grow, but jobs elude -Sonalde Desai

-The Indian Express The latest NSSO data also underlines the increasing absence of women from the labour market Every time results from one of the "thick" rounds of the National Sample Survey come out, we get into a feeding frenzy, trying to slice and dice the statistics for changes since the previous round. Since NSS large rounds are typically conducted every five years, there is perhaps some sense to it, particularly when...

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