-Press Release Pension Parishad Pension Parishad members have decried the manner in which the UPA-II government is appeasing the credit rating agencies and captains of finance and industry while ignoring millions of elderly and deprived people of their right to social security in this country New Delhi, 17 February 2014: Describing the Interim Budget for 2014-15 "as an absolute let-down", Nikhil Dey, speaking on behalf of the Pension...
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FCI to Increase Inter-Regional Movement of Foodgrains
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) In view of increased foograin movement requirement for the implementation of National Food Security Act, FCI has been making efforts to increase Inter-regional movement of foodgrains. It has been) has been rising over the years as under:- It is estimated that for the National Food Security Act (NFSA) implementation, against the allocation of 614.43 lakh tonnes, the...
More »Polls to cost country Rs 3,500 crore this year -B Sivakumar
-The Times of India CHENNAI: The Election Commission has estimated that the 2014 Lok Sabha elections will cost the exchequer Rs 3,500 crore. That's about 150% more than the amount spent for the 2009 polls (Rs 1,400 crore). This does not include the expenses incurred for security and the amount political parties will spend. "Every state will send the expenditure statements to the Centre for reimbursement. The Union law ministry will peruse...
More »Spending on subsidies surged, education and health lagged during 10 years of UPA -Sidhartha
-The Times of India NEW DELHI: When finance minister P Chidambaram presents his first interim budget on Monday, he is expected to devote a significant chunk of his speech - which may be between 12 and 18 pages - to UPA government's spending on social sector schemes, especially health, education and rural development. But what is probably going to slip through is the fact that these sectors actually witnessed a comparatively...
More »Vote-on-account not to disappoint on fiscal deficit-Vrishti Beniwal
-The Business Standard Chidambaram may announce higher fund allocation for the social sector, with focus on education, food, women and rural masses In his last Budget speech as finance minister in the UPA-II government, P Chidambaram will have a lot to say on Monday but much of it is likely to be high on intent and low on content. Ahead of the Lok Sabha elections, interim Budget 2014-15 is likely to be...
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