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-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...

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Congress may take ordinance route for anti-graft laws

-The Times of India NEW DELHI: Faced with intense pressure from Rahul Gandhi, the UPA government is likely to approach the President for his consent for the promulgation of ordinances on anti-corruption legislations. Sources in the Congress said the government is likely to take up the matter with the President shortly. Rahul himself indicated that the ordinance route was on. "These bills were in national interest and we felt the opposition would help...

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National Food Security Act a landmark legislation, says IMF

-PTI WASHINGTON: The International Monetary Fund today described India's National Food Security Act as a landmark legislation which is an important effort to ensure that a majority of the population has access to adequate quantities of food at affordable prices. "The legislation is a landmark, representing the largest food security programme in the world, involving the distribution of subsidised grain to two-thirds of India's population of 1.2 billion," the IMF said in...

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CBI registers five cases in swindling of MNREGA funds in UP

-The Times of India NEW DELHI: The CBI has registered five cases into alleged swindling of funds from the centrally sponsored Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGA) in Uttar Pradesh during the rule of Mayawati-led BSP. CBI sources said cases of criminal conspiracy, cheating, forgery under Indian Penal Code and misuse of officials position under the Prevention of Corruption Act have been registered regarding alleged financial irregularities in Gonda, Balrampur,...

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Ruckus in Rajya Sabha over special aid package

-PTI Opposition parties on Friday disrupted Rajya Sabha demanding a special economic package for seven most backward states including Bihar, Odisha and Uttar Pradesh, leading to an adjournment of the House till noon. Raising the issue, Kiranmay Nanda (SP) said the Central government had failed to provide financial package to the seven most backward states identified in the Raghuram Rajan report. The Rajan panel had in September 2013 recommended a new index of...

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