The Union Cabinet on Tuesday deferred a decision on the draft National Food Security Bill that seeks to give legal entitlement to subsidised foodgrains to 46 per cent ‘priority' families of the 75 per cent rural population and 28 per cent ‘priority' households of the 50 per cent urban population. “The discussion on the Food Bill remained inconclusive. We are trying our best to introduce the Bill in this session,” Minister...

-The Telegraph   New laws are often brought in without assessing their judicial and financial impact. The result is poor implementation, says Seetha Call it collateral damage. According to newspaper reports, agriculture minister Sharad Pawar has written to the Prime Minister asking for the National Rural Employment Guarantee Act (NREGA) to be put on hold during the peak season of agricultural operations. With a guaranteed income of Rs 100 a day for at...

Anna Hazare today appeared to betray an ambition to become the next Jaya Prakash Narayan if not a Mahatma Gandhi II, asking the Opposition to join his agitation if the UPA defeated the efforts to enact a strong Lokpal. He asked the Opposition to hit the streets and fill the jails, sounding a little like JP who had brought the Right and the Left together in his 1970s campaign against the...

What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club 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...