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Oil subsidy expected to balloon-Shine Jacob

-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...

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Why the CPI says no to RTI -S Sudhakar Reddy

-The Indian Express But parties can be made to disclose their finances compulsorily We have received a number of inquiries about the CPI's position on bringing parties under the Right to Information (RTI) Act. The decision of the Central Information Commission (CIC) that political parties should come under the RTI, as they receive a substantial amount of financial help from the government, has been rejected by all parties. Many eyebrows were raised...

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Jammu and Kashmir government working towards eradicating unemployment: minister

-PTI SRINAGAR: Jammu and Kashmir government is making all efforts to arrive at a solution to address the problem of unemployment in the state, Minister for Finance and Ladakh Affairs AR Rather has said. "There are about 6.50 lakh unemployed youth registered with various Employment and Counselling centres. The government is working overtime to explore a comprehensive solution so that maximum number of youth are provided jobs in both public and private...

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Universal PDS already provides food security in Tamil Nadu-TE Narasimhan

-The Business Standard Rs 4,900 crore has been provided in the Budget Estimates 2013-2014 for food subsidy Chennai: The National Food Security Bill has been generating much excitement across the country but not in Tamil Nadu, since the state has a more comprehensive model in the form of a Universal Public Distribution System (PDS). Irrespective of any government, coverage of the PDS has been universal. A state government official said at a time...

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A food security ordinance that will stimulate food inflation is passing strange

-The Times of India The Parliament's monsoon session is only about a month away. That the Union cabinet has yet taken the ordinance route to implement the national food security Bill signals the scam-tainted UPA government's desperation to woo voters before the next general elections. But the hope that expanding what is already one of the world's largest food security programmes will boost political fortunes is hallucinatory. The exchequer is already...

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