The Economic Survey has been silent on the proposed National Food Security Bill and the projections of foodgrains needed to provide food security to citizens. The chapter on Agriculture and Food Management talks of supply-side constraints, the need to feed a growing population, the procurement and off take of foodgrains, buffer stocks of foodgrains, food subsidy, the targeted public distribution system (TPDS), and the central issue price (CIP) of foodgrains, but...
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How not to tackle the black economy in India by Arun Kumar
Technically, we know how to check the black economy but the problem is political. More studies or committees and treaties with foreign governments are only to stall action. Another Joint Parliamentary Committee has been announced. The government has been trying to create an impression of being proactive with regard to tackling the black economy. The President's address and the speech by Sonia Gandhi in January mentioned the need to curb it....
More »Karnataka Budget gives prime place to agricultural sector by S Rajendran
Estimated expenditure on farm and irrigation sectors is Rs. 17,857 crore The agricultural sector has been given prime place in the State Budget presented to the Legislative Assembly on Thursday by Chief Minister B.S. Yeddyurappa, who also holds the Finance portfolio. Mr. Yeddyurappa's focus on agriculture is reminiscent of the Union Budget presented by the first Janata Party Government of Morarji Desai in the post-Emergency era. The estimated expenditure on agriculture and irrigation...
More »Bhopal gas case: Centre's curative plea hearing on February 28 by J Venkatesan
The Supreme Court will hear in open court on February 28 the curative petition filed by the Union government seeking enhancement of compensation of $470 million for Bhopal gas victims. The petition said the compensation, determined by the Supreme Court in 1989, was arrived at on the basis of assumptions of truth unrelated to realities. A five-judge Bench comprising Chief Justice S.H. Kapadia and Justices Altamas Kabir, R.V. Raveendran, B. Sudershan...
More »Thousands march in Delhi against embattled govt by Krittivas Mukherjee
At least 100,000 trade unionists marched through New Delhi on Wednesday in a protest against high food prices and unemployment, piling pressure on an administration under fire over corruption scandals. The demonstration was the biggest in New Delhi in years and included members of a trade union linked to the ruling Congress party, reflecting disquiet within the party over food inflation which hit a high of over 18 percent last December. It...
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