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Food subsidy to be Rs 1,10,600 cr if NAC desire is met by Sruthijith KK

The total food subsidy bill will balloon to 1,10,600 crore if entitlements recommended by the Sonia Gandhi-headed National Advisory Council are incorporated into the Food Security Bill , the Ministry of Food And Public Distribution has estimated. The subsidy bill in the initial phase will be 93,000 crore. The ministry's estimates are significantly higher than the ones made by both NAC and the Rangarajan panel that studied the NAC recommendations. The ministry,...

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Bihar as model? UID rollout within 3 years by Mahendra Kumar Singh

Bihar will roll out unique identification numbers for "aam aadmi" -- beneficiaries of social sector schemes -- within 35-36 months. The move will help in curbing pilferage and corruption. The decision was taken at a meeting of Planning Commission deputy chairman Montek Singh Ahluwalia with Bihar chief minister Nitish Kumar. The Commission has finalised Rs 24,000 crore plan size for the state for next fiscal. Kumar cited that the plan size was...

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Thomas food bill push by Radhika Ramaseshan

New food minister K.V. Thomas has set the ball rolling on the food security bill, a top priority for the Sonia Gandhi-led National Advisory Council (NAC). Thomas, who last month replaced Sharad Pawar as minister in charge of the department, met council members Harsh Mander and N.C. Saxena on Thursday to discuss the bill. The minister’s push is being seen as an indication that Sonia’s team may get its way against objections...

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Ministry wants more money for rural job guarantee scheme by Ruhi Tewari

The ministry of rural development has demanded a nearly 60% increase in the allocation for its marquee job guarantee scheme in the forthcoming Union budget for fiscal 2011-12. The ministry has sought an allocation of around Rs. 64,000 crore, up from Rs. 41,100 crore, for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), a ministry official said, requesting anonymity. MGNREGS, the flagship programme of the Congress-led United Progressive Alliance (UPA) government...

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Budget 2011: NREGA outlay likely to stay flat this year by Deepshikha Sikarwar

The forthcoming budget is unlikely to propose a steep hike in allocation of funds for the government's flagship rural welfare scheme despite a sharp increase in the wage rates under it. The finance ministry is likely to allocate only 42,000-45,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), a government official told ET. The scheme will have an opening balance of about 10,000 crore, the official said. This precludes...

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