Signalling its commitment to roll out the Food Security Bill in the next fiscal, finance minister Pranab Mukherjee is likely to announce a token allocation of Rs. 5,000 crore in the forthcoming budget. The funds would primarily be directed at creating and strengthening the institutional arrangement to deliver the massive allotment promised under the scheme. The food security bill is of extreme political importance to the United Progressive Alliance (UPA)...
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Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta
Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...
More »Decontrol urea prices, raise excise duty: PMEAC
-PTI Amid widening fiscal deficit, Prime Minister's economic advisory panel today suggested aligning diesel prices to global market in a phased manner and also raising excise and service taxes to pre-crisis level of 12%. Releasing the Review of the Economy: 2011-12, Chairman of Prime Minister's Economic Advisory Council (PMEAC) C Rangarajan also pitched for deregulation of urea prices. Expressing concern over high fiscal deficit which is expected to overshoot the target of 4.6%...
More »It will not stop at Rs 60,000 crore by Soumya Kanti Ghosh
How economically sustainable is food subsidy? The cost could even be double of what the government estimates Food deprivation and malnutrition are completely unacceptable and everything has to be done to eliminate such an evil. The prevalence of malnutrition in a country like India is in itself a cause for serious concern since malnourished children may jeopardise India’s favourable demographic dividend (as per independent estimates, close to 60 per cent of...
More »“Food security Bill will ensure full supply of essentials”
-The Hindu Measures taken by the Rajasthan Government for ensuring food security to vulnerable sections were highlighted at a conference of Agriculture and Food Ministers of States in New Delhi on Wednesday. A special reference to the reforms planned in the Public Distribution System was made on the occasion. Addressing the conference, Rajasthan Food and Civil Supplies Minister Parsadilal Meena said his department would shortly start distribution of kerosene to below poverty line...
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