Most of us don’t even get a single shot at making history — Manmohan Singh has a second chance The fiscal deficit is an outcome, not a policy. It is the net resolution of the policies pertaining to taxes and expenditure. It is worth analysing separately the two components of the deficit. The table reports the results of relating the tax and expenditure share of GDP to per capita income for...
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Government subsidy burden at 10-year high
-IANS The Indian government's subsidy burden is expected to reach 2.5 percent of the country's gross domestic product (GDP) for the fiscal ending March 31, the highest in 10 years, due to higher price of crude oil and other commodities, a report showed Tuesday. The total subsidy is expected to increase to Rs.2,23,000 crore in the current financial year, which is 2.5 percent of GDP at the current market price which is...
More »UID as User’s ID by Ila Patnaik
The government appears to be working towards an amicable solution on the question of who can collect biometric information data for the Indian population. There has been disagreement about whether this will be done by the UIDAI headed by Nandan Nilekani, or the National Population Register headed by Home Minister P. Chidambaram. It now seems that both may continue to collect data but share its use. When any country sets about...
More »Government hides more than it reveals in the Food Security Bill by Gargi Parsai
The uncertainty over the Lokpal Bill has overshadowed an equally significant National Food Security Bill, which was cleared by the Union Cabinet last week and is to be introduced in the Lok Sabha on Thursday. The Bill has been in the eye of the storm over targeted coverage of beneficiaries as against universalisation in view of the immense ramifications for the aam aadmi , struggling with rising food prices. In the second...
More »Rein in pollution by mobile towers, MPs urge Manmohan by Sandeep Joshi
‘Make use of renewable sources mandatory for power generation' Parliamentarians have sought Prime Minister Manmohan Singh's intervention in reining in mobile operators from misusing Subsidised Diesel for running mobile towers, which were causing massive environmental pollution. They have urged Dr. Singh to ensure that strong provisions are incorporated in the National Telecom Policy, 2011, currently being finalised, making it mandatory for the use of renewable sources and technologies for power generation to...
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