-The Hindu The Communist Party of India (Marxist) on Thursday refuted the “specious explanations” on inflation given by Finance Minister Pranab Mukherjee saying his statement hid the government's failure to check price rise. Reacting to his November 22 suo motu statement in Parliament, the CPI(M) Polit Bureau said: “It is nothing but an exercise in deception to conceal the utter failure of the UPA government in checking the relentless price rise.” While referring...
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Montek makes U-turn, abandons Rs 32 per day poverty line by Nitin Sethi
Planning Commission deputy chairman Montek Singh Ahluwalia did a U-turn on the highly controversial Rs 32 per day poverty line, informing Prime Minister and plan panel chairman Manmohan Singh that caps on number of beneficiaries of schemes with central subsidies will be done away with. The about-turn comes after Ahluwalia's earlier letter to attorney general Goolam E Vahanvati in October defending the "artificial" cap Planning Commission imposes on beneficiaries of various...
More »Food bill to help social sector push by Sanjeeb Mukherjee
Bill has provision for free meals, besides an allowance of Rs 6,000 to all pregnant women. Ahead of assembly elections in seven states next year, the United Progressive Alliance (UPA) government is planning a big push towards its social security agenda. For, its Cabinet note on Food Security Bill has incorporated a provision for free meals, besides a monthly allowance of Rs 1,000 for six months to all pregnant women and...
More »Pranab approves changes in Food Bill
-PTI Finance Minister Pranab Mukherjee, the head of the Empowered Group of Ministers (EGoM) on Food, has approved key changes in the proposed National Food Security Bill and the revised draft will be placed before Cabinet soon. ”Yesterday evening, the Finance Minister has given final clearance to the draft Food Bill. It will be soon placed before Cabinet,” told Food Minister K V Thomas. The key changes proposed in the Bill have been...
More »Fuel price hike a reality: PM by Archis Mohan
Prime Minister Manmohan Singh today said rising prices of fuel were a reality Indians needed to deal with as any more subsidies in the oil sector could destabilise the economy. The comment came days after Mamata Banerjee, his biggest ally at the Centre, warned that her Trinamul Congress would quit the ruling UPA if prices of kerosene, diesel and cooking gas were raised. Asked what he thought of the Bengal chief minister’s...
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