-The Hindu India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Developing the sector will help to create jobs and result in higher economic growth The Gross Domestic Product (GDP) is likely to grow 5.5 per cent and the economic slowdown shows no sign of halting. India’s infrastructure is bursting at the seams, unable to cope with the pressure from the growing economy. Spurring...
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'Food bill to cost 2.38L cr/yr'-Subodh Varma
-The Times of India How much would it cost the central government to provide grain to the whole country at affordable prices? A calculation by the Delhi-based advocacy group Centre for Budget & Governance Accountability (CBGA) puts the figure at Rs 2,38,471 crore for one year. In the current financial year (2012-13), the Centre spent Rs 75,366 crore on the food subsidy, that is, about 0.74% of the gross domestic product....
More »Unethical, Extra- Legal Coercion In UID Aadhaar Project -SG Vombatkere
-Counter Currents The Aadhaar scheme of the Unique Identification Authority of India (UIDAI) is to provide India's billion-plus people with a unique identification number. Enrolling into the scheme was and still is not mandatory, though it was mentioned that it would be difficult for people to access public services in the absence of enrolment. The scheme requires individuals to provide their photograph, fingerprints and iris scan together with documentary personal information,...
More »Govt needs extra Rs 20,000 crore to implement Food Security Bill
-Reuters Food minister K V Thomas says the current cost of the food subsidy is Rs 1 lakh crore India needs a Rs 20,000 crore top-up for its proposed Food Security Bill, aimed at ensuring subsidised grain for the poor, Food Minister KV Thomas said on Thursday, even as the government is seeking deep spending cuts. The bill will be introduced in the budget session of Parliament which begins on February 21. The...
More »Food for granted-Sebastian PT, N Madhavan and E Kumar Sharma
-Business Today What does the proposed food security law mean for the government's finances? Most days, around half a dozen middleaged men in Tamil Nadu's Nemam village head for a slushy pond. They are farm labourers who have had little work for the past few months because of a drought in their Tiruvarur district. As an alternative they catch fish, but the income from it is not enough to survive on. "But...
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