The 2012-13 Budget may not have to provide as big a jump in the food subsidy bill as expected earlier. This is because of a series of measures initiated by the government to cut wastage and improve efficiency, food minister KV Thomas has said. The measures that would bring down the need for funds include the Targeted Public Distribution System (TPDS) and the setting up of modern grain storage facilities, which...

If the combined Opposition had sat down for weeks so as to find an issue to embarrass the UPA Government and make it a laughing stock before the whole country, they could not have thought of a better issue than the free gift presented to it by the UPA Government by initially insisting that it had irrevocably decided to allow the entry of multi-brand retail leader superstores like Walmart, USA...

-PTI   The International Labour Organisation (ILO) today warned there is an "urgent challenge" to create 600 million jobs over the world in the next decade as one in three workers worldwide are either unemployed or living in poverty.  According to the annual report on global employment by the ILO, the world faces the "urgent challenge" of creating 600 million productive jobs over the next decade in order to generate sustainable growth and...

The cash-strapped Bengal government has persuaded the Centre to conduct a fresh survey of the below poverty line (BPL) population in the state. Panchayat and rural development minister Subrata Mukherjee had tossed up the proposal at a meeting with his central counterpart Jairam Ramesh at Budge Budge yesterday. “poverty estimates by the Centre and the state are markedly different…. So we decided to run a check on whether the Left Front government...

-The United Nations   The world needs to create 600 million new jobs over the next decade to sustain economic growth and maintain social stability, the United Nations International Labour Organization (ILO) said in its annual report on global employment unveiled today. According to the report entitled ‘Global Employment Trends 2012: Preventing a deeper jobs crisis,’ the world faces the additional challenge of creating decent jobs for the estimated 900 million workers who...