Unpaid bills of Rs 17,000 crore — and growing — have revealed hidden food subsidies and acute financial mismanagement as the government prepares to adopt the costliest, most ambitious legislation of its tenure. Documents accessed by Hindustan Times reveal this is the money the government now owes the state-run Food Corporation of India (FCI), hampering its mammoth operation of buying grain from the farmer, storing it and selling it cheaply...
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“End diesel subsidy for running mobile towers” by Sandeep Joshi
Greenpeace [a non-governmental environmental organisation] on Wednesday urged the government not to provide subsidised diesel to profit-making telecom sector for running mobile towers, and force them to shift to greener energy solutions like solar-powered towers to check pollution being emitted from generators which are used to run around four lakh towers across the country. Releasing its report – ‘Dirty talking: A case for telecom to shift from diesel to renewable'– the...
More »Left behind in a web of debt and poverty by Malia Politzer
The passport office in Hyderabad reported the highest number of passport applications recorded in Indian history (at least 450,000) and it expects an increase of 15-20% this year Jamuna Kunta sits stiffly in a plush red chair at the Hyderabad press club, holding her head proudly erect as she quietly recounts the events leading to her husband’s suicide in Dubai. A farmer from Karimnagar, a rural district in Andhra Pradesh, her husband...
More »Food ministry against CACP’s proposal on paddy MSP hike
-Press Trust of India The food ministry has opposed the proposal of the Commission for Agriculture Costs and Prices (CACP) to hike the support price of paddy by R160 per quintal to R1,160 per quintal for 2011-12 crop year. Paddy minimum support price (common grade) was at R1,000 per quintal last year. The CACP, which suggests minimum support price (MSP) of 40 agri-commodities, has recommended support price for paddy (common grade)...
More »Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand
TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...
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