Accountability Initiative, Centre for Policy Research Budget 2023-24 will be unveiled on February 1. As part of laying the context this brief, prepared by the Accountability Initiative, examines the allocation and expenditure trends for India's food subsidy. At the start of the current Financial Year (FY) 2022-23, Government of India allocations for Food Subsidy stood at Rs. 2,06,831 crore, which was 28 percent lower than the previous year's Revised Estimates (REs)....
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Indian banks gave more home loans than agricultural credit
In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »Tamil Nadu Govt Must Reconsider Its Move Mandating Aadhaar For Schemes - Sarasvati NT
The Internet Freedom Foundation has requested the Tamil Nadu government to provide residents with a choice to produce an alternate document of identification - Medianama The Internet Freedom Foundation (IFF) has written to the Tamil Nadu Finance Secretary requesting the government to provide residents with a choice to produce an alternate document of identification such as a driving license, voter ID, or passport to avail benefits of government schemes. Violation of privacy and...
More »India set to sign deals to secure fertiliser imports India -Zia Haq
-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for food security amid increasing geopolitical uncertainties , a government official said, requesting anonymity. Union chemicals and fertilisers minister Mansukh Mandaviya is set to travel to Morocco...
More »Restore ration entitlements axed by PMGKAY withdrawal: Right to Food campaign
- Press release by Right to Food campaign dated 30 December, 2022 The Right to Food campaign has demanded that the government should restore the grain entitlements granted under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). On 23 December, 2022 the Union government announced that it would discontinue the PMGKAY from 1 January, 2023, thus halving the ration entitlements of eligible people. Under the National Food Security Act, 2013, (NFSA), all priority category ration cardholders...
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