In a move that brings relief to the rural workforce, but risks creating an inflation spiral, the government on Thursday revised the minimum wages paid for its flagship job guarantee scheme by linking them to the Consumer Price Index for Agricultural labour (CPI-AL) for each individual state. Such a price spiral, in case it actually emerges, could roil the electoral prospects of the Congress in the key contests to the state...

‘Linking the question to annihilation of caste is an important research agenda' ‘Dalits' position relative to dominant castes has not improved significantly' Participants at a national seminar on ‘Dalit households in village economies,' which began here on Friday, affirmed that a lasting solution to India's “agrarian question” — characterised by extreme inequalities in the distribution of land — was inseparably linked to the widespread discrimination of Dalits. Speaking at the inaugural session of...

With the prices of most of the vegetables soaring, the Income Tax sleuths on Friday carried out massive raids on the offices and godowns of the wholesale traders in onion and garlic in major cities and towns of Gujarat. The outcome of the raids that started in the morning was not immediately known, but informed sources said the idea was to check whether the wholesalers were unduly holding stocks to take...

The Food and Agricultural Organization said Wednesday that the world faces a "food price shock" after the agency's benchmark index of farm commodities prices shot up last month, exceeding the levels of the 2007-08 food crisis. The warning from the U.N. body comes as inflation is becoming an increasing economic and political challenge in developing countries, including China and India, and is starting to emerge as a potential problem in developed...

Prime Minister Manmohan Singh has asked the rural development ministry to develop an index for fixing and revising wages under rural job scheme NREGA. The move follows a letter from Sonia Gandhi requesting Singh to find a way to ensure workers under the scheme are paid the minimum wages across the country. The minimum wages in several states, such as Rajasthan, Andhra Pradesh, Chhattisgarh, Jharkhand, Bihar and Karnataka, are now higher than...