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Cap & trade, Nrega style by Subhomoy Bhattacharjee

Good sections of rural India don’t want NREGA any more, showing the government spending pattern on the scheme. Since a large percentage of the village labourers have moved to the cities, it makes far better sense to develop an unemployment dole for them. The subtext is an accounting arrangement that ensures that like NREGA, the government can keep on rolling out similar entitlement programmes like the proposed Food security Act, but...

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Wary eye on world protests by Archis Mohan

-The Telegraph   An international sympathiser group for Indian Maoists has declared it will protest outside offices of Indian multinationals worldwide, adding to problems the government already faces in combating the home-grown rebels. Last week, the International Committee to Support the People’s War in India announced the plan to launch its “international week of action from January 14 to 22” next year to support the CPI (Maoist)’s “people’s war” against the Indian state. The...

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Centre doubles sop for UP weavers to Rs 6,000 crore

-The Times of India The Centre on Saturday announced a Rs 6000-crore package for the handloom sector, doubling the announced financial relief, in what is seen as an outreach to the weaver community with authorship of Rahul Gandhi ahead of crucial UP elections. The sop increased with the government including individual loan defaulters, who are not part of a cooperative for loan amnesty, and in giving incentive for timely payment of loans...

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World Livestock Report Packs Many Surprises

We see malnutrition as a burden on our conscience, and on our exchequer. We also know it is a daunting task to get rid of child malnutrition. But do we know about the economic benefits on the other side? A new FAO report tells us that India can increase its national income by a massive US$ 28 billion by eliminating child malnutrition. Now that is serious economic gain so read...

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States oppose funding formula mooted in food security bill by Sandip Das

Several state governments have come out strongly against how the centre has planned the resource mobilisation for the national food security law, a key initiative of the UPA-II government. States including those ruled by the Congress party has complained to the Union food ministry that legal entitlements for subsidised grain to a large section of the population as envisaged in the Bill would put an enormous financial burden on them....

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