-The Hindu The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised grains under the Targeted Public Distribution System The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised...
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Sheila Dikshit presents economic survey, promises ample jobs for Delhiites
-India Today A day before the city government is due to present its crucial Budget, Delhi Chief Minister Sheila Dikshit on Tuesday promised to provide ample employment opportunities and other facilities to Delhiites . The CM also refuted allegations of the government being 'insensitive' and reminded that a dedicated helpline number for women in distress had been set up. Presenting the economic survey in the Delhi Assembly on Tuesday, Dikshit said the city...
More »Fundamental flaw
-The Indian Express In all its versions, the food security bill places an unbearable fiscal burden, further distorts agriculture The design of policy in the revised version of the food security law proposed by the food ministry — cabinet approval for which was deferred on Monday — will make a bad idea worse. It is even less concerned about the imperatives of fiscal sustainability and the needs of the Indian population. Providing...
More »Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
More »Centre plans to cut grain entitlement -Gargi Parsai
-The Hindu Despite severe opposition from civil society groups, the Union government has decided to cut the entitlement of a beneficiary to subsidised grain from 7 kg a month (as provided in the National Food Security Bill) to 5 kg under the Public Distribution System, as recommended by the Parliamentary Standing Committee on Food. But it will continue providing the 2.3 crore beneficiaries of the Antyodaya Anna Yojna (the poorest of the...
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