-Press Information Bureau (Cabinet Committee on Economic Affairs) The Cabinet Committee on Economic Affairs has approved setting up of 3500 model schools in Educationally Backward Blocks (EBBs) in 27 States/UTs with certain modifications. This is under the scheme for setting up of 6000 model schools at block level as a benchmark of excellence. This decision will ease the extra financial burden of the State / UT Governments resulting in effective implementation...
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Govt spends Rs 3.65 to deliver Rs 1-worth food; 57% of subsidized food doesn't reach Beneficiaries -Mahendra Kumar Singh
-The Times of India NEW DELHI: The government spends Rs 3.65 to deliver Re 1 of food while 57% of subsidized food grains do not reach the intended Beneficiaries. These startling findings by the Independent Evaluation Office point to massive corruption and pilferages in the existing public distribution system. The agency's initial findings reveals that close to 36% of food grains are siphoned off in the supply chain, raising a serious question...
More »Why India needs a futures exchange for water? -Nilanjan Ghosh
-The Hindu Business Line The risk of water availability is a painful reality in south Asian agriculture including India. Any deviation from the monsoon causes problems for the farm community and poses threat to food security in the region. The variability in precipitation in India has actually increased in recent years. While comparing the variability of precipitation (given by standard deviation) between two phases, 1950-75 and 1976-2010, in two geographically dispersed districts...
More »UPA plans poll tweak for MNREGA
-The Times of India NEW DELHI: Keeping an eye on the 2014 Lok Sabha polls, the UPA government is considering to raise the workdays under its ambitious rural employment guarantee programme- MNREGA- from 100 to 150 days per year for forest dwellers and tribals. The Union Cabinet on Friday will consider the proposal for additional 50 days of employment to Beneficiaries who have been granted land titles under The Scheduled Tribes and...
More »Big car error
-The Business Standard Interim Budget's partiality to sports utility vehicles The interim Budget's decision to cut the excise duty on sports utility vehicles, or SUVs, from 30 per cent to 24 per cent will certainly benefit car makers (they have already reduced their price tags), but it raises some pertinent questions. Last year, while presenting the Budget for 2013-14, Finance Minister P Chidambaram had raised the duty on SUVs from 27 per...
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