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Food inflation at 18% 'unacceptable', says Montek

Planning Commission Deputy Chairman Montek Singh Ahluwalia told NDTV that he expects food inflation to come down to single digits in two to three months. He said that food inflation at 18 per cent levels is “unacceptable” and the government will take drastic steps if inflation doesn't cool in the next two months. He added that potato prices have come down sharply and vegetable prices are also coming down. Higher prices of...

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Food subsidy bill to rise by Rs 6,000 crore: Montek

Montek Singh Ahluwalia on Monday told NDTV that the food subsidy bill is set to rise by Rs 6,000 crore due to an upward revision in the number of families living below poverty line. Montek said that the plan panel would revise BPL count up from 6.5 crore to 7.4 crore families. The fresh estimate could be based on Suresh Tendulkar's poverty formula, he added. Earlier, the government said that it needs...

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RTI: PM, Sonia exchange notes

Prime Minister Manmohan Singh and Congress president Sonia Gandhi have reportedly exchanged correspondence over the issue of amendments to the Right to Information Act in the context of several court rulings, including one related to the Chief Justice of India. Ms. Gandhi wrote to Dr. Singh two months ago that she was of the firm opinion, like that of NGOs, that there should be no amendments to the RTI Act and...

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PM, Sonia differ on RTI Act

This is the second term of the UPA and till now we have always seen Prime Minister Manmohan Singh and Sonia Gandhi, the UPA chairperson, working in perfect harmony but NDTV has learnt that there is one issue that they disagree, on that of RTI amendments. It's a rare occasion when the Prime Minister has stood firm and refused Congress president Sonia Gandhi's request. In a letter to UPA chairperson Sonia Gandhi...

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Sugar: Exports despite shortage leave Govt red-faced by Rahul Srivastava

Sugar prices have been rising, and the government has been offering sweet nothings. But on Tuesday the entire Opposition - even UPA's allies - will put the government in the dock over price rise. At this juncture, a notification by the Directorate General of Foreign Trade (DGFT) is certainly bad news for the beleaguered government. Though sugar exports are banned, the DGFT issued a notice on February 15 allocating 10,000 Metric tonnes...

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