-PTI WASHINGTON: The International Monetary Fund today described India's National Food Security Act as a landmark legislation which is an important effort to ensure that a majority of the population has access to adequate quantities of food at affordable prices. "The legislation is a landmark, representing the largest food security programme in the world, involving the distribution of subsidised grain to two-thirds of India's population of 1.2 billion," the IMF said in...
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ILO says poor laws aid the abuse of maids -Neetu Chandra
-DailyMail.Co.Uk Millions of domestic workers in Indian homes are a part of an informal and "invisible" workforce due to absence of a specific legislation meant for their protection, the International Labour Organisation said on Wednesday. The number of maids has gone up by nearly 70 per cent from 2001 to 2010 with an estimated 10 million maids and nannies in India, the ILO says. According to the National Sample Survey (NSS) 2004-05, there...
More »Food subsidy increased to Rs 1,15,000 crore
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Government has increased the food subsidy to Rs 1,15,000 crore for financial year 2014-15, mainly for implementation of the National Food Security Act. It is Rs 23,000 crore more than the revised estimates of Rs 92,000 crore for 2013-14. Significant increase in the subsidy has been made to fulfill the Government's commitment to implement the National Food Security Act...
More »Public Distribution System Reforms and Consumption in Chhattisgarh -Prasad Krishnamurthy, Vikram Pathania, and Sharad Tandon
-Economic and Political Weekly Chhattisgarh's public distribution system reforms have been lauded as a model for the National Food Security Act, and as one that other states can emulate. Previous research has shown that PDS rice consumption increased in Chhattisgarh following reforms by the Raman Singh government, which began in 2004. However, one-third of PDS rice consumption growth in Chhattisgarh took place before 2004. This finding suggests that the pre-2004 reforms...
More »'Those Without Acc Can Soon Receive Money From ATMs'
-Outlook Mumbai: RBI Governor Raghuram Rajan today said individuals without a bank account will soon be able to receive money from those with bank accounts, using automated teller machines (ATM). "We have recently approved the in-principle setting up of a payment system which will facilitate funds transfer from bank account holders to those without accounts through ATMs," he said, delivering the DR Gadgil lecture here. Rajan said the move is driven by the...
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