-The Economic Times Reacting strongly to the hike in the prices of diesel , kerosene and LPG, farmers across the country have contended it would have adverse affects on the agriculture sector and even prompt them to end their occupation. Petroleum Minister S Jaipal Reddy announced of a hike in the price of LPG (liquefied petroleum gas) cylinders by 50 rupees on Friday. Apart from the price of LPG, the federal government's...
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Food Act won't add to subsidy cost
-The Times of India The proposed Food Security Act may not put additional burden on the government in the current fiscal year as the government can find the resources to fund the plan from the spending outlined for 2011-12 , finance ministry officials said. However, the food subsidy bill could soar to as much as Rs 75,000 crore from the estimated Rs 60,572.98 crore for the 2011-12 fiscal. Finance ministry...
More »No consensus on Lokpal Bill, Anna to fast from Aug 16 by Himanshi Dhawan
Marked by distrust and, on the government's part an element of coercion as well, the civil society-UPA exercise to jointly draft a Lokpal bill formally ended in failure on Tuesday with the two sides exchanging conflicting drafts. The government is unable to accept civil society's version of an anti-corruption authority with sweeping jurisdiction over the Prime Minister's Office, top judiciary and actions of MPs in Parliament along with merging entities like...
More »Rural poor left out in financial inclusion
-The Indian Express Financial inclusion in India seems to be far from inclusive. Out of a total of 5,165 new branches opened in 2011, only 21.86 per cent are rural branches, says a study. A growth rate of more than 700 per cent in urban Customer Service Points (CSPs) over the last year points towards the latest trend of urbanisation among Business Correspondents (BCs). Although there is not much difference between growth...
More »Moily stokes black money debate, demands white paper by Pradeep Thakur
A senior member of the UPA dispensation, law minister Veerappa Moily, has demanded a white paper on black money, stoking the fire in the ongoing debate on the issue that has paralyzed the Congress-led government at the Centre for most of its second term in office. A senior member of the UPA dispensation, law minister Veerappa Moily, has demanded a white paper on black money, stoking the fire in the ongoing...
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