-The Hindu The Finance Ministry had approved the changes in the draft National Food Security Bill that were incorporated after taking the views of the Department of Women and Child Development as well as those posted on the Food Ministry's website, Minister of State for Food and Public Distribution K.V. Thomas said on Thursday. The Ministry would soon bring to the Cabinet a revised draft after incorporating the comments of the Ministries...
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States oppose funding formula mooted in food security bill by Sandip Das
Several state governments have come out strongly against how the centre has planned the resource mobilisation for the national food security law, a key initiative of the UPA-II government. States including those ruled by the Congress party has complained to the Union food ministry that legal entitlements for subsidised grain to a large section of the population as envisaged in the Bill would put an enormous financial burden on them....
More »Nod for 26% FDI in pension funds by Remya Nair
The govt has thus rejected the recommendation of the parliamentary standing committee on finance that the 26% FDI cap be a part of the Bill The cabinet on Wednesday cleared amendments to the Pension Fund Regulatory and Development Authority Bill, 2011, capping the overseas investment limit in the sector at 26%, but retaining the flexibility to raise this limit by stating that it would not form a part of the legislation. The...
More »PDS in peril by R Ramakumar
The promotion of the PDS as an Aadhaar application would fundamentally alter its form and character. NO scheme of the Indian government would be transformed more fundamentally by Aadhaar than the public distribution system (PDS). The nature of this transformation appears to be taking the form of a virtual dismantling of the PDS; even if a skeletal fair price shop (FPS, or ration shop) system continues to exist, it is likely...
More »Climate talks: A Plan D for Durban by Nick Robins, Zoe Knight, Wai-Shin Chan & Katyayini Krishnamoorthy
Global climate strategy needs a new storyline. The original United Nations Framework Convention on Climate Change (UNFCCC) (“Plan A”) was signed almost 20 years ago, but lacked the specifics to drive real action. The Kyoto Protocol aimed to resolve this by curbing emissions from the industrialised world, but the US refused to play its part (Plan B). Just as Kyoto came into effect in 2005, the world was changing, with...
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