-The Business Standard Less painful now, but future uncertain The United Progressive Alliance's (UPA) ambitious National Food Security Bill might soon become reality. After getting approval from the Lok Sabha, the Bill is headed for the Upper House of Parliament for approval. The big debate is on the financial implications as and when all states start implementing the scheme. Also, how the estimated 20-30 per cent leakage in public distribution system (PDS) will...
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Doomed by definition-B Syama Sundari
-The Hindu The move to redefine 'handloom' is in the interest of powerloom operators who will be able to corner benefits meant for weavers "Any loom, other than powerloom; and includes any hybrid loom on which, at least one process for weaving requires manual intervention or human energy for production." (The new definition of handloom proposed by Ministry of Textiles) The textile industry in India comprises three sectors - the mill, the powerloom and...
More »Populism unites parties, helps land bill sail through Lok Sabha
-The Times of India NEW DELHI: Concerns of industry took a backseat as political parties, spurred by the oncoming election season, joined hands in Lok Sabha on Thursday to pass the land acquisition bill that enshrines consent of landowners and steep hikes in compensation. As when the food security bill was passed earlier this week, competitive populism took centrestage with Congress toasting Rahul Gandhi as the inspiration behind the legislation and BJP...
More »More bite, less to chew -Latha Jishnu, Jyotika Sood and Suchitra M
-Down to Earth The most controversial aspect of the food security law is the restructuring of the public distribution system to cover an unprecedented 67 per cent of the population, most of them in the poorer states. LATHA JISHNU, JYOTIKA SOOD and SUCHITRA M explain why there are winners and losers in the new dispensation and how states with better PDS will have to find huge resources to keep their numbers...
More »UPA spend on key welfare plans dips -Pradeep Thakur
-The Times of India NEW DELHI: Contrary to the perception that the UPA government has been spending more on social sector schemes, a financial audit of the Union government's accounts for 2011-12, tabled in Parliament on Tuesday, reveals that every year, the spending has been coming down drastically on most of the major flagship programmes - by up to 63% in some cases. The largest allocation in the Budget in the last...
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