-The Financial Express Leading economists who fear that the cost of the food security law on the exchequer would be much higher than estimated by the government have a seemingly unlikely ally - farmers' groups. A couple of national-level farmers' organisations have opposed the National Food Security Bill, saying it would "lead to nationalisation of agriculture by making the government the biggest buyer, hoarder and seller of foodgrains". Farmers' representatives from a...
More »SEARCH RESULT
All the way to the ground-KP Shashidharan
-The Indian Express An accountability framework is critical for flagship schemes In his budget speech, the finance minister gave the assurance that all flagship programmes of the government would be adequately funded. The government pours substantial funds into 70 Centrally sponsored schemes. In 2011-12, an amount of Rs 1,88,573 crore was allocated for the implementation of 13 development programmes, such as the MGNREGA, PMGSY, NRHM and JNNURM, under the auspices of nine...
More »Finance red flag over 38% jump in food subsidy-Ravish Tiwari & Manoj CG
-The Indian Express The annual subsidy bill for the UPA’s proposed food guarantee law has been estimated at Rs 1,24,747.1 crore, 38.6 per cent over the budgeted food subsidy of Rs 90,000 crore for next year. An alarmed finance ministry is learnt to have red-flagged some major changes proposed in the original National Food Security Bill, sources said. It has objected to the proposal to do away with the original categorisation of beneficiaries...
More »The feeding frenzy of kleptocracy-P Sainath
-The Hindu Since 2005-06, taxes and duties for the corporate world and the rich have been written off at the rate of Rs.7 million a minute on average. Duties waived on gold and diamonds in the last 36 months equal the 2G scam amount Forbes has just added an “errata” to Union Finance Minister P. Chidambaram’s budget speech. The Minister had found a mere 42,800 people in the country with a taxable...
More »Roadblocks ahead for anti-rape Bill -Smita Gupta
-The Hindu SP, BSP unhappy with some provisions A Bill providing for tougher punishment for crimes against women, including rape, acid attack, stalking and voyeurism, was approved by the Union Cabinet on Thursday, after a Group of Ministers, constituted to prescribe safeguards, completed its examination of the draft law in a record two days. On March 18, The Criminal Law (Amendment) Bill, 2013, will be discussed at an all-party meeting before it goes...
More »