-Live Mint The GoM findings, draft will be submitted to the Supreme Court before 10 July Taking a cue from last week's adverse comments by the Supreme Court, Prime Minister Manmohan Singh constituted a group of ministers (GoM) to draft a law that will eventually seek to insulate the Central Bureau of Investigation (CBI) from political influence. Finance minister P. Chidambaram, external affairs minister Salman Khurshid, law minister Kapil Sibal and minister of...
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Here's why Food Bill will cost more than we think-Prachi Mishra
-The Economic Times The revised, but not yet passed, National Food Security Bill (NFSB) represents a crucial political-economic approach to welfare. But how well do we understand the financial and, more importantly, distributional consequences of the revised Bill? Although the revised Bill is likely to simplify the identification of beneficiaries, financial implications will still be substantial. Calculating these implications must include not only the cost of food subsidy, but also additional costs...
More »PM, Sonia may launch mobile tower project in Naxal-affected States-Sandeep Joshi
-The Hindu With general elections just a year away, the Union government is keen to project the proposed installation of around 3,000 mobile towers in nine Naxal-affected States as one of the major achievements of the the Congress-led United Progressive Alliance government. For the Rs.3,000-crore project that would give mobile coverage to India's most backward districts and remote villages covering over 80 Left Wing Extremism (LWE)-affected districts, the DoT wants Prime Minister...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the MINISTRY OF FINANCE (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »Pilot project for LPG subsidy transfer cleared-Sujay Mehdudia
-The Hindu CCPA gives the go-ahead to the launch in 20 districts from May 15 The government has approved the launch of a pilot project that will entail transfer of domestic LPG subsidy directly to the consumers' account in 20 districts from May 15. The Cabinet Committee on Political Affairs at its meeting late on Thursday gave the go-ahead for the scheme, which is likely to be launched across the country in October....
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