-The Indian Express Reeling under the pressure of huge foodgrain stocks, well above the storage capacity across the country, the government on Thursday decided to send 50 lakh tonnes of grains to the states at much below the minimum support price (MSP), leaving a window open for export at a later date. “We will look into the issue once the Agriculture Minister is back in town,” Finance Minister Pranab Mukherjee is...
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CWC to discuss Lokpal Bill today by Smita Gupta
Congress expected to endorse government's stand on excluding PM from ambit of Bill Some party leaders prefer to include PM, given the strong public sentiment against corruption Government's original draft included Prime Minister Ahead of an all-party meeting on July 3 to debate the controversial Lokpal Bill, the Congress Working Committee (CWC), the party's apex body, will meet on Friday to discuss what is euphemistically being described as the “the current political situation.”...
More »NAC sticks to its stand, finalises draft food security bill by Nitin Sethi
The Sonia Gandhi-led National Advisory Council stood its ground on Wednesday and gave the go-ahead to an expansive food security bill. Not relenting to the position the Prime Minister's Office and the Planning Commission had taken against a bill that could lead to a surge in subsidy, the NAC finalized the draft along the lines of the framework it had made public earlier. The government was expected to table its...
More »Food Act won't add to subsidy cost
-The Times of India The proposed Food Security Act may not put additional burden on the government in the current fiscal year as the government can find the resources to fund the plan from the spending outlined for 2011-12 , finance ministry officials said. However, the food subsidy bill could soar to as much as Rs 75,000 crore from the estimated Rs 60,572.98 crore for the 2011-12 fiscal. Finance ministry...
More »Jean Dreze asks Sonia not to extend his NAC membership
-The Times of India National Advisory Council member and economist Jean Dreze has written to chairperson Sonia Gandhi requesting that he should not be considered for membership again after his one-year term finishes. Dreze, a vocal critic of the UPA leadership's views on the proposed food security bill, is seen as one of the key architects of the social security programme that has led to a public battle between the...
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