-PTI The finance minister says restructuring FCI, reducing transportation and distribution losses and efficacy of PDS would be taken up on priority New Delhi: The government on Thursday said it will give priority to restructuring of state-run Food Corporation of India (FCI) for improving the public distribution system (PDS). "Government is committed to reforms in the food sector. Restructuring FCI, reducing transportation and distribution losses and efficacy of PDS would be taken up...
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Cong price pot versus Modi kettle
-The Telegraph The Congress today slammed the Centre for linking food inflation to increased incomes and changing diets and asked if it intended to scrap its predecessor's welfare schemes that had raised poor families' purchasing power. Ironically, Congress ministers used to cite similar reasons for the rising prices. But spokesperson Randeep Surjewala accused the government of "insulting" the people and said it was a matter of satisfaction and pride that incomes were...
More »India threatens to go back on WTO promises -Asit Ranjan Mishra
-Live Mint India is concerned that the ministerial decision on public stockholding for food security purposes is getting sidelined New Delhi: India has told the World Trade Organization (WTO) that it will not ratify the trade facilitation (TF) agreement for faster and more efficient customs procedures because there has been no progress on finding a permanent solution to the important issue of food subsidy caps, prompting developed nations to accuse India of...
More »Modi govt eyes first labour overhaul to create jobs
-Reuters Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs. Successive governments have agreed labour reform is critical to absorb 200 million Indians reaching working age over the next two decades, but fears of an ugly union-led backlash and partisan Politics have prevented changes to free...
More »Nitin Gadkari hints at amendments to land acquisition Act -Elizabeth Roche
-Live Mint Gadkari said that sections of the law that deal with compensation, rehabilitation and resettlement would not be touched New Delhi: Rural development minister Nitin Gadkari indicated that the government may change some provisions of the farmer-friendly land acquisition law, introduced by the previous Congress party-led government, to address concerns of the industry such as the rising cost of acquiring land and procedural delays. The minister, however, said sections of the...
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