Punjab’s agricultural sector grew at 1.6 per cent during the 11th Plan against the national average of 3.41 per cent. The growth is tardy owing to near saturation in productivity. The rural debts in Punjab are estimated to be Rs 35,000 crore. The number of indebted rural households in Punjab is 66 per cent, third highest in the country after Andhra Pradesh and Tamil Nadu. The Government of India’s debt...

-The Hindustan Times With delayed and scanty monsoon posing a threat to the agriculture output in the country, the Centre has reached out to states to lend a support to their contingency employment generation plans. Rural development minister Jairam Ramesh has written to all chief ministers assuring them that his ministry is “open to a revision in current year’s Labour Budget” to meet any increased demand in employment (under MGNREGA) in...

As the monsoon rains continue to play truant over much of the country, concerns about the fate of India’s rain-fed agricultural sector this year means that lakhs of farm labourers could be forced to look for other options. Anticipating an increase in demand for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) jobs this season, the Centre has indicated its willingness to sanction additional funds – to the tune...

-The Hindustan Times The labour ministry has proposed a minimum pension of Rs. 1,000 a month for all those who subscribe to the Employees’ Pension Scheme (EPS). If implemented, the move will benefit nearly 3 million workers engaged in small and medium enterprises with higher retirement benefits. Under the EPS 95 scheme, which has been in operation since 1995, a part of the employees’ provident fund contributions are set aside into...

-The Times of India UPA's flagship rural guarantee scheme is performing fitfully in terms of work days, wages and coverage, amply confirming rural development minister Jairam Ramesh's fears that the programme has become a scheme for digging ditches. The Mahatma Gandhi National Rural Employment Guarantee, UPA's outreach to the poor, is not meeting critical parameters and is crying out for reform with questions about the utility a Rs 36,000-crore a year budget...