-PTI   The Food Ministry has moved a Cabinet note on the National Food Security Bill which aims to provide legal entitlement to subsidised foodgrains to two- third of the country's population, sources said. The proposed bill, which would cost the government exchequer Rs 94,973 crore a year in subsidies, may be taken up for the Cabinet discussion soon as the Centre is keen on introducing it in the ongoing session of...

The 11th five-year plan promised the nation “inclusive growth”. It marked a departure from the earlier official position that the “benefits of growth” would automatically “trickle down” to the poor, and that if growth was not actually benefiting the poor, then the reason lay in its not being high enough. The 11th plan, by contrast, conceded that the “benefits of growth” did not automatically “trickle down”, but argued that growth...

Cutting across party lines, several members of Parliament backed a universal public distribution system to ensure food security for all citizens “as a right” and vowed to oppose the ‘targeted' food security bill in Parliament. Among the participants at a Jan Manch organised by the Right to Food Campaign were G. Vivekananda, K. Keshava Rao and Mani Shankar Aiyer (Congress), Prakash Javadekar (BJP), Brinda Karat and P. Rajeev (CPI-M), D. Raja...

 Having publicly objected to the Communal Violence Bill drafted by the Sonia Gandhi-led National Advisory Council (NAC), the Narendra Modi-led Gujarat government has now sent its strong objections to Sonia’s pet project, National Food Security Bill, terming it against the sanctity of the federal structure of the Constitution. Gujarat has objected to provisions that allow the Centre to prescribe terms and conditions for the appointment of district grievance redressal officers, empowers...

The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...